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Scannable 1099 Form

Scannable 1099 Form

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Furnish Copy B of this form to the borrower by February 2 2009. File Copy A of this form with the IRS by March 2 2009. If CCC is shown the form indicates the amount of any Commodity Credit Corporation loan outstanding when you forfeited your commodity. For TTY/TDD equipment call 304-267-3367 not toll free. The hours of operation are Monday through Friday from 8 30 a.m. to 4 30 p.m. Eastern time. Box 2. Shows the debt principal only owed to the lender on the loan when the interest in the...
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Instructions and help about form 1099a

Hi I'm Michelle of France with Blanchet La France accounting in tax, and today we'll be discussing the difference between a 1099 a and 1099 C when reporting taxes a 1099 an is acquisition or abandonment of each property that you've lent money to a borrower in connection with a trade or business, and you gained interest in that property a 1099 C is a cancellation of debt of $600 or more of a debt that you owe to any lender in connection with the 1099 a and 1099 C for foreclosure and abandonment you would not need to provide both statements to the borrower you would simply provide a 1099 C only now if you need more information you can always visit and again this is Michelle with Blanchard La France accounting com you


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