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Nh 1099 Irs Form

Nh 1099 Irs Form

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Instructions and help about new hampshire 1099 g online

all right for this video I want to go over the IRS form 1099-C which is a cancellation of debt reporting statement that's provided to you and the IRS and so I want to go over this statement and then also cover how you can exclude cancellation of debt income from your earnings so I have a 1099 C in front of us I will go through and then we also have a form 982 which is what you include with your form 1040 to report the cancellation of debt income and how you exclude it from your earnings so I've got those two pieces in front of us I also have an insolvency worksheet so the insolvency worksheet is going to be prepared by this taxpayer to where they can figure out whether or not they are insolvent and they can exclude the cancellation of debt income from their earnings and then in addition to those three pieces I do have one slide covering some background on the 1099c and the 982 and then go into the fact pattern in a little bit more detail and then I do have an Excel work

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