Instructions for Forms 1099-A and 1099-C - Introductory Material


Future Developments

For the latest information about developments related to Forms 1099-A and 1099-C and their instructions, such as legislation enacted after they were published, go to www.irs.gov/form1099a and www.irs.gov/form1099c.

What's New

Pilot program for truncating an individual's identifying number on paper payee statements has ended.   Filers of Forms 1099-A and 1099-C must show the Borrower's (Form1099-A) and Debtor's (Form 1099-C) complete identifying number on all copies of the forms.

Form 1099-C   Codes for identifying the type of event or other actual discharge before an identifiable event that led to the issuance of Form 1099-C are required for tax years beginning in 2013. The code list can be found in the paragraphs numbered one through nine under When is a Debt Canceled in the Specific Instructions for Form 1099-C.

Reminder

In addition to these specific instructions, you should also use the 2013 General Instructions for Certain Information Returns (Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G). Those general instructions include information about the following topics.

  • Backup withholding.

  • Electronic reporting requirements.

  • Penalties.

  • Who must file (nominee/middleman).

  • When and where to file.

  • Taxpayer identification numbers.

  • Statements to recipients.

  • Corrected and void returns.

  • Other general topics.

You can get the general instructions from www.irs.gov/form1099a or www.irs.gov/form1099c or by calling 1-800-TAX-FORM (1-800-829-3676).


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