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Rescission Form Document

Rescission Form Document

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Instructions and help about complaint specific performance

IRS 1099-C is very tricky it is for cancellation of death does that mean if you submit the 10919 to the IRS the IRS will forgive your debt your loans your credit cards and if you saw it somewhere on Tick Tock or YouTube whether to fill it out so you could have your debt forgiven no matter what it is this is claimed throughout many different experts everywhere it's extremely important that you never do this with the 1099-C but with the 1099 cancellation the debt is it's whenever A lender forgives your debt they report that amount to the IRS generally what's over 600 the 1099c that you receive is taxable income to you that's right that is the way the law is written which is extremely unfair the people that get hit with this the most are people that go through foreclosures with houses or some kind of big debt that gets forgiven and you get slammed with a huge tax bill but of course that's a general law and there are exclusions so generally speaking

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