Once you start, use the HELP tab for 1099NEC tips and explanations Ok, Start 1099NEC NowIn general, if you have cancellation of debt income because your debt is canceled, forgiven , or discharged for less than the amount you must pay, the amount of the canceled debt is taxable and you must report the canceled debt on 1099C Deadlines For The Year The following are the due dates for each filing type Forms must be transmitted to the IRS before the deadline Recipient copy > January 31 IRS eFiling > March 31 IRS Paper filing > February 28 If a due date falls on a weekend or holiday, it will be due the next business day
Your Ultimate Guide To 1099s
