Get the free 1099-c

Get Form

Show details

This form is used to report the cancellation of debt by a creditor to the Internal Revenue Service (IRS). It provides important tax information to both the creditor and debtor regarding the amount

We are not affiliated with any brand or entity on this form

Get, Create, Make and Sign 1099-c

Edit your 1099-c form online

Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.

Add your legally-binding signature

Draw or type your signature, upload a signature image, or capture it with your digital camera.

Share your form instantly

Email, fax, or share your 1099-c form via URL. You can also download, print, or export forms to your preferred cloud storage service.

How to edit 1099-c online

Ease of Setup

pdfFiller User Ratings on G2

Ease of Use

pdfFiller User Ratings on G2

Use the instructions below to start using our professional PDF editor:

1

Log in to your account. Click on Start Free Trial and sign up a profile if you don't have one yet.

2

Prepare a file. Use the Add New button to start a new project. Then, using your device, upload your file to the system by importing it from internal mail, the cloud, or adding its URL.

3

Edit 1099-c. Add and replace text, insert new objects, rearrange pages, add watermarks and page numbers, and more. Click Done when you are finished editing and go to the Documents tab to merge, split, lock or unlock the file.

4

Save your file. Select it from your list of records. Then, move your cursor to the right toolbar and choose one of the exporting options. You can save it in multiple formats, download it as a PDF, send it by email, or store it in the cloud, among other things.

With pdfFiller, it's always easy to work with documents. Try it!

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.

Learn more about security & compliance

How to fill out 1099-c

01

Gather all relevant documents including the debt cancellation details.

02

Obtain a blank 1099-C form, which can be sourced from the IRS website or tax professionals.

03

Fill in the creditor's name, address, and taxpayer identification number (TIN) in the appropriate fields.

04

Enter the debtor's name, address, and TIN similarly.

05

Indicate the date of cancellation of debt in the specified field.

06

Specify the amount of debt canceled in Box 2.

07

Provide any interest or penalties associated with the canceled debt in the relevant boxes.

08

Check the appropriate boxes to indicate if the canceled debt was for personal use or other purposes.

09

Review the form for accuracy and completeness before submission.

10

Send a copy of the completed form to the debtor and file the original with the IRS.

Who needs 1099-c?

01

Individuals or businesses that have had a debt of $600 or more canceled or forgiven during the tax year need a 1099-C.

02

Creditors who cancel a debt of $600 or more must issue a 1099-C to the debtor.

Fill form : Try Risk Free

Rate the form

4.5

Satisfied

58 Votes

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Can I create an electronic signature for signing my 1099-c in Gmail?

With pdfFiller's add-on, you may upload, type, or draw a signature in Gmail. You can eSign your 1099-c and other papers directly in your mailbox with pdfFiller. To preserve signed papers and your personal signatures, create an account.

How can I edit 1099-c on a smartphone?

The best way to make changes to documents on a mobile device is to use pdfFiller's apps for iOS and Android. You may get them from the Apple Store and Google Play. Learn more about the apps here. To start editing 1099-c, you need to install and log in to the app.

How do I complete 1099-c on an Android device?

Use the pdfFiller app for Android to finish your 1099-c. The application lets you do all the things you need to do with documents, like add, edit, and remove text, sign, annotate, and more. There is nothing else you need except your smartphone and an internet connection to do this.

What is 1099-c?

Form 1099-C is a tax form used by lenders to report the cancellation of debt to the Internal Revenue Service (IRS) and the borrower. If a debtor's debt is canceled, forgiven, or discharged, this form must be filed.

Who is required to file 1099-c?

Lenders, including banks and financial institutions, who have canceled a debt of $600 or more are required to file Form 1099-C with the IRS and provide a copy to the borrower.

How to fill out 1099-c?

To fill out Form 1099-C, you need to provide information including the creditor's name, address, and taxpayer identification number, as well as the borrower's name, address, and identification number. You also need to report the amount of debt canceled, the date of cancellation, and any relevant identification numbers.

What is the purpose of 1099-c?

The purpose of Form 1099-C is to report the cancellation of debt to the IRS. This allows the IRS to determine whether the canceled debt should be treated as taxable income for the borrower.

What information must be reported on 1099-c?

The information that must be reported on Form 1099-C includes the creditor's name, address, and taxpayer identification number, the borrower's name, address, and identification number, the amount of debt canceled, the date of cancellation, any relevant identification numbers, and the reason for cancellation.

Fill out your 1099-c online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now