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13,6 C.2A:5069 to 2A:5072 2 Note P.L. 2009, CHAPTER 296, approved January 17, 2010, Assembly, No. 4063 (Third Reprint)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16AN ACT concerning foreclosure on residential

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What is 1-36 c?

1-36 c is a specific form used by taxpayers to report cancellation of debt income.

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Individuals or businesses who have had cancellation of debt income during the tax year are required to file Form 1-36 c.

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1-36 c can be filled out by providing information on the taxpayer's identification, the amount of canceled debt, and the reason for cancellation.

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The purpose of 1-36 c is to report cancellation of debt income to the IRS.

What information must be reported on 1-36 c?

Information such as the taxpayer's identification, the amount of canceled debt, and the reason for cancellation must be reported on 1-36 c.

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