E-File 1099 C Form | Form 1099-C, Cancellation of Debt | 1099-C Filing Due Date | 1099-C Online | 1099-C Corrections | TIN Verify | TIN Match Online

What is IRS Form 1099C?

IRS Form 1099C is used to report cancellation of debt. Example use: Lenders use this form to report canceled debt.

  • Filing 1099C for as low as $.55 - $2.90 per form / per recipient

Who receives this form?

A lender is supposed to file a 1099-C form if it “cancels” $600 or more in debt.

1. A financial institution described in section 581 or 591(a) (such as a domestic bank, trust company, building and loan or savings and loan association)

2. A credit union

3. Any of the following, its successor, or sub unit of one of the following:

  • Federal Deposit Insurance Corporation

  • Resolution Trust Corporation

  • National Credit Union Administration

  • Any other federal executive agency, including government corporations,

  • Any military department

  • U.S. Postal Service

  • Postal Rate Commission

An instrumentality in the judicial or legislative branch of the government

4. A corporation that is a subsidiary of a financial institution or credit union, but only if, because of your affiliation, you are subject to supervision and examination by a federal or state regulatory agency.

5. A Federal Government agency including:

  • A department

  • An agency

  • National Credit Union Administration

  • A court or court administrative office

6. Any organization whose significant trade or business is the lending of money, such as a finance company or credit card company

Important dates

1099-C forms are required to be mailed to the recipient by January 31, 2018 and eFiled with the IRS by March 31, 2018.

Filing Type Due Date
Recipient copy Feb 15, 2018
IRS Paper Filing Feb 28, 2018
IRS eFile Mar 31, 2018

eFile info



Electronically filed 1099-C forms are directly transmitted to the IRS from the Tax1099.com system.

IRS eFiled acceptance acknowledgment comes within 3 to 7 business days.

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eFiling to states that participate in the Combined Federal/State Filing Program (CFSFP) is included in the federal eFiling charge. An additional $.50 fee applies to states that do not participate in the CFSFP.

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