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There is basically one way...it is included as income on your return for the year the 1099 is reporting.

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Q: What is the best way to claim form 1099-C?
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If you claim 1 on your taxes does that mean just yourself or one other person?

That depends on which form you are claiming it on. If you are talking about Form 1040, that means just yourself. If you are not eligible to claim yourself, then you are not eligible to claim anyone else either. If you are talking about Form W-4 (the withholding form that you give to your employer), stop and read the form more carefully. It does NOT ask you to fill in the number of people (dependents) you are claiming. It asks you to fill in the number of withholding allowances you are claiming. Most people have way too much tax taken out of their paychecks because they mistakenly believe that the number of withholding allowances they claim on their W-4 should be the same as the number of exemptions they claim on their 1040. Most people should claim MORE withholding allowances. To calculate the number of withholding allowances you should claim, either use the worksheet in the Form W-4 instructions or use the IRS withholding calculator here: http://www.irs.gov/individuals/article/0,,id=96196,00.html


Is there any way for you to file taxes and claim your kids if you have no income?

no


How can I receive a fast tax refund without a refund anticipation loan?

The best way to get a fast refund is to file your claim as soon as you can get your W-2s back from your employer and get the direct deposit from the government that way you dont have to wait on a refund check to be processed and come in the mail.


Is there a way to make it so your parents cant claim you in tax refunds?

because they are dum


How do I claim my back tax returns?

By using the IRS, you can claim tax returns easily. The IRS is a good way to get tax returns. If you have any troubleshooting, they have a help section.

Related questions

What is the best way to change the name of ownership on a house inherited in Florida Is it best to use a quitclaim form to do this?

A quit claim from the estate to the heir is the best way to do it.


Can people still stake a land claim and if so where?

People can not stake a claim to land unless they have the legal right to. Having proof of ownership in the form of a deed is the best way to claim land.


What is the best way to initiate a road traffic accident claim?

The best way to initiate a road accident claim is to make sure the police are called first. A report by the officer will help the claim be accepted easier and reviewed.


What is the most convincing way to act ill?

The best way is to claim you have loose motions.


If you and husband are working what is the best way to file?

married combined unless you have kids then let him claim some and you claim some you get more back that way


What is the best way to win my credit report dispute?

The best way to win a credit report dispute is to show proof of your claim.


What is the best way to make a whiplash injury claim?

It is important to be examined by a medical professional to diagnose any medical injuries. You should also contact an attorney and seek their advice on how best to file a legal claim.


How do you sue experian?

The best way to sue Experian is to hire a lawyer. A lawyer will examine your claim and determine whether you have a case.


What is the best way to show mercury?

In liquid form, in an airtight container


What is the best way to work on your shooting form in basketball?

work hard!!!!!!!!


Where do you find an address for monumental life to submit a death claim?

I suggest you start on the "contact us" page of the website: http://www.monlife.com/ml/contactus.asp But your best way to file a claim is with your agent. Contact him!


What is the best way to determine an implied claim?

Draw conclusions based on details from the reading.