1099C don't understand
Date: Tue, 01/29/2013 - 03:12
I just recently got a 1099C from the Toyota corp, for 3,169.66 for a car that was repoed back in June of 2006. I don't know what this means there was not identfiable event code and I am scared I don't know what this means can someone help me and how does this affect my tax return especially my refund? Thank you.
When a company writes off a
When a company writes off a debt or takes a loss, they will issue a 1099. It becomes taxable income for you and probably will affect your refund.
