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MFJ both receive a 1099 C same lender same amount enter just 1 1099C.

Rpk1
Level 2
 
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1 Solution

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IRonMaN
Level 15

I would report both 1099Cs on the tax return and then add a line item in other income something to the effect of "duplicate 1099C received" and enter a negative amount for the amount of the 1099C


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5 Comments 5
IRonMaN
Level 15

Same lender, same amount as in they both received the same form or did they each receive the form with half of the amount of debt forgiven?


Slava Ukraini!
Rpk1
Level 2

Same amount same form one in his name one in her name and it is for the full amount of the debit

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IRonMaN
Level 15

I would report both 1099Cs on the tax return and then add a line item in other income something to the effect of "duplicate 1099C received" and enter a negative amount for the amount of the 1099C


Slava Ukraini!
Rpk1
Level 2

good Idea Thanks 

IRonMaN
Level 15

You betcha!


Slava Ukraini!
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