By William J. Purdy, III, Simmons & Purdy (Soquel, CA)
Hundreds of thousands of taxpayers in the past few weeks have looked at or at least thought about, Form 1099-A or Form 1099-C documents they have received.
- Some arrived in the tax year a debt was allegedly cancelled.
- Others are issued by financial instructions many years after they should have been issued.
- Some should never have been issued at all.
Some taxpayers “feel” or . . .
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