So yeah I got this 1099-C after I did my taxes. The discharged amount is above the $600 threshold and is about 5% of my yearly income I claimed.
I'm pretty sure that I do but not sure if there is an easier process like calling the IRS and saying based on this how much do I owe now? I at least used H&R block and have this print out though sadly my State filing is still not finished as H&R block couldn't do it for some reason and I also have to pay with a check or something.
The other issue is that I didn't have cash/debit at the time and I paid by credit card the balance I owed to the IRS by making several small payment chunks through those federal payment sites. So that'll kind of suck but I guess "they have my money" so to speak and I just have to add more for whatever this 1099-C adds.
edit: the 1099-C is for last year eg. 2018 sadly
I say sadly if I wasn't a dumbass I wouldn't have this 1099-C to begin with
Submitted February 28, 2019 at 05:16AM by crespo_modesto https://ift.tt/2tHOcry
