My copy says taht the Payer gets the Copy C
Yes, the co-signer also gets a copy of 1099-c. The actual borrower also gets a copy as well. If the debt borrower who is the actual beneficiary of the forgiven amount fails to account for the 1099-c the burden falls on co-signer. One of the two parties is supposed to take this into their accounting. Hope this helps.
IRS
Form 1099 MISC, Copy C is for the Payer or Payroll office of the employee. If there is a requirement for the Illinois Revenue Department, mail Copy C of form 1099 MISC to the Electronic Commerce Division, Illinois Department of Revenue, P. O. Box 19479, Springfield Il, 62794-9479 /
http://business.marylandtaxes.com/filinginfo/withholding/mailingInstructions.asp
1099-r and 1099-c forms for 2008 is find at www.irs.gov.
Yes, the co-signer also gets a copy of 1099-c. The actual borrower also gets a copy as well. If the debt borrower who is the actual beneficiary of the forgiven amount fails to account for the 1099-c the burden falls on co-signer. One of the two parties is supposed to take this into their accounting. Hope this helps.
It will c 1096 mailed copy 1066.
To obtain a copy of your 1099-C form, you can contact the financial institution or creditor that issued the form to you. They should be able to provide you with a duplicate copy upon request.
IRS
Form 1099 MISC, Copy C is for the Payer or Payroll office of the employee. If there is a requirement for the Illinois Revenue Department, mail Copy C of form 1099 MISC to the Electronic Commerce Division, Illinois Department of Revenue, P. O. Box 19479, Springfield Il, 62794-9479 /
http://business.marylandtaxes.com/filinginfo/withholding/mailingInstructions.asp
1099-r and 1099-c forms for 2008 is find at www.irs.gov.
To file a 1099-NEC with the IRS, you need to fill out the form with the payer's and recipient's information, including the amount paid. Submit Copy A to the IRS by the deadline, usually by the end of January. Provide Copy B to the recipient by the same deadline. Keep Copy C for your records.
No, a C corporation does not receive a 1099 form.
No, Copy 1 goes to the State in which your company works... However, some states don't require you to send 1099's to them. Copy B and Copy 2 go to the recipient. It is up to the recipient to file Copy 2 with their own state tax return (when required). Copy C is what you keep for your records, so basically you can just photocopy one of the other forms so you don't have to purchase Copy C. And Copy A goes to the IRS. To summarize: Copy A + 1096 Transmittal Form = IRS Copy B + Copy 2 = recipient/independent contractor/individual Copy 1 = State Tax Department (when required) Copy C = keep for your records (payer) Hope this helps!
The person or entity required to complete any of the Form 1099 series [1099-A, 1099-B, 1099-C, etc.] must provide the individual recipient with a copy by February 1, 2010. The person or entity required to complete Form 1099 must file paper copies of Form 1099 with the IRS by March 1, 2010. But if filing electronically, the due date for filing with the IRS is extended to March 31, 2010.
does a 1099 c effect social security benefits