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Publication 1187Specifications for Electronic Filing of Form 1042S, Foreign Person's U.S. Source Income Subject to Withholding For Tax Year 2018Publication 1187 (Rev. 102018) Catalog Number 47024M
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What is publication 1187 rev 10?
Publication 1187 rev 10 is a document used by the IRS for reporting information related to the cancellation of debt.
Who is required to file publication 1187 rev 10?
Individuals or businesses who have cancelled debt of $600 or more must file publication 1187 rev 10.
How to fill out publication 1187 rev 10?
Publication 1187 rev 10 should be completed with details of the cancelled debt, including the amount and reason for cancellation.
What is the purpose of publication 1187 rev 10?
The purpose of publication 1187 rev 10 is to report cancelled debt to the IRS for tax purposes.
What information must be reported on publication 1187 rev 10?
Publication 1187 rev 10 requires reporting the amount of cancelled debt, the debtor's name and address, and the creditor's identifying information.
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