|
An entity may need to file Form 1099-C, Cancellation of Debt, for each debtor for whom they canceled a debt owed to them of $600 or more, provided an identifiable event has occurred. It does not matter whether the actual cancellation is on or before the date of the identifiable event. The debtor may be an individual, corporation, partnership, trust, estate, association, or company. |
Account Ability Tax Form Preparation Software
Imports spreadsheets and delimited text files
Matches recipient's TIN/Name against IRS records
Includes Electronic Reporting (E-File)
Prepares recipient copies on ordinary copy paper
Prepares recipient copies on preprinted forms
Supports an unlimited number of filers
The Integrated Browser facilitates the entire E-File process
Includes free and unlimited technical support
Supports the entire family of information returns
Check out the full list of features
Try Account Ability for Free today
Contact a sales representative at 888-IDMSINC (436-7462)