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How to fill out 982 for foreclosure Form: What You Should Know
Credit.com Form 902 Cancellation of Debt Forms: What Are They, and How Have They Affected You? | Credit.com Mar 10, 2024 — It's Form 902, The Cancellation of Debt. This is a 1099-C-related form that is used to report the cancellation of a debt. It's a discharge of an obligation to pay tax. 1099 Cancellation of Debt Returns | Credit.com Mar 14, 2024 — The form 1099-C forms are used by taxpayers to cancel a debt they owe on their federal tax filing, but need to report the cancellation to the IRS by the due date. The cancellation is often the result of a foreclosure. Forms 902 and 908 should be filed with the tax return to cancel this discharge. The form 1099-C also cancels an obligation to pay the tax. 1099-C Discharge of Tax, Credit.
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