If you purchase the property at a sale held to satisfy the debt, such as at a foreclosure or execution sale, use the later ... For example, describe a car as aquot;Car a 2001 Honda Accord. ... Specific Instructions for Form 1099-C File Form 1099-C , Cancellation of Debt, by February 28, 2007 (April 2, 2007, if filed electronically), for each debtor for whom you canceled a debt owed to you of $600 or more only if: 1 .
Title | : | IRS Procedural Forms and Analysis |
Author | : | Michael I. Saltzman, Alan W. Saltzman |
Publisher | : | - 1993 |
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