1099-c form
Date: Sat, 02/14/2009 - 19:46
I just got two 1099 - c forms one for my deceased husband and one for me for a cancellation of debt.
I am concerned about what if anything I will have to pay to IRS since I am on a fixed income 700.00 a month. How do I handle this?? I have no money to pay the creditor so how can I pay IRS with this interest they want to tack on to me?? I am on disability. Were do I go from her? Is there anyway I can get someone to help me free on this matter Iam confussed on this insolvent total liabilities must be greater then total assets. Can someone please help me ?? thanks
I am concerned about what if anything I will have to pay to IRS since I am on a fixed income 700.00 a month. How do I handle this?? I have no money to pay the creditor so how can I pay IRS with this interest they want to tack on to me?? I am on disability. Were do I go from her? Is there anyway I can get someone to help me free on this matter Iam confussed on this insolvent total liabilities must be greater then total assets. Can someone please help me ?? thanks
Hi Carm4, This is definitely as question to ask the IRS.
Hi Carm4,
This is definitely as question to ask the IRS.
Is there an IRS spec-ialist able to respond?
thanks,
chrys
