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Aunt Carries 1240 Ocean Road Narragansett, RI 02882 401 7837930 auntcarries@gmail.com We are an equal opportunity employer. Applications are considered for positions without regard to veteran status,
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What is aunt carries?
Aunt carries refers to the IRS Form 1099-C, used for reporting cancellation of debt.
Who is required to file aunt carries?
Entities that have canceled $600 or more in debt are required to file aunt carries.
How to fill out aunt carries?
Aunt carries can be filled out by providing the debtor's information, the amount of canceled debt, and the lender's details on Form 1099-C.
What is the purpose of aunt carries?
The purpose of aunt carries is to inform the IRS and the debtor about the cancellation of debt, which may affect the debtor's taxable income.
What information must be reported on aunt carries?
Aunt carries must report the debtor's name, taxpayer identification number, address, the amount of canceled debt, and the date of cancellation.
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