Posts Tagged Tax Bracket
Credit card debt and 1099c forms. Once you file taxes will your credit card debt with company be gone?
Posted by admin in Credit Cards on November 7th, 2009
Kee Kee asked:
I recieved a 1099c form from a credit card company for a settled credit card debt. The amount is for $10,000. I only make $31,000 per year. Will I end up owing on taxes due to being in a different tax bracket?Will the debt finally be gone?
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I recieved a 1099c form from a credit card company for a settled credit card debt. The amount is for $10,000. I only make $31,000 per year. Will I end up owing on taxes due to being in a different tax bracket?Will the debt finally be gone?
Add a link here 1