If it sells for less than was owed, AND the bank cancels the remainder due (they don't have to, they can look to collect the difference and pursue you for years for t...garnish. attach, etc), the amount they cancelled is income to you and they should send you a 1099-C.
Contact your bank directly. They should be able to provide you with the needed paper work.
Based on the available information, it appears that the tax ID number for ING Bank is 51-0402191. This number should be on any W-2 or 1099 you receive from ING Bank.
You can call the person or business. If that doesn't get anywhere, you can use bank statements or invoices to determine your total amount earned.
One is done by the IRS, and the other is done by your bank.
For tax purposes, 1099's should be sent out by January 31st of each year. If they are not received in a timely matter after that date, it is best to contact the bank to request copies.
No secret. It is on every 1099-int they issue. 94-1687665
By law, all Employee Income(W-2), Government Payments (1099-G), Contract labor (1099), and Bank interest (1099-INT) documents are to be mailed to the taxpayer by 31 January of the applicable tax year. If you do not receive one you are expecting, the law requires you to contact the issuer (Employer, Contractor, Government Agency, or financial institution) and request the document.
No secret. It is on every 1099-int they issue. 94-1687665
Banks are required to send a 1099 form if you earn 10 or more in interest during the year.
Yes, the current bank can receive wire transfers.
It should be on the W-2, 1099 or other paperwork you obtained from them.
Yes, a finance company or a bank is required to send the vehicle to an auction to dispose of it.