Wait is he suggesting you... create an LLC... that buys your debt with a 1099a... on credit... then eliminates it with a 1099c?
October 16, 2023 at 3:26 AM
Wait is he suggesting you... create an LLC... that buys your debt with a 1099a... on credit... then eliminates it with a 1099c?
1099C Jay St, Rochester, NY??? You???
April 28, 2025 at 2:29 AM
1099C Jay St, Rochester, NY??? You???
LMAO THEY SHOULDNT HAVE SENT ME A 1099C IN JANUARY. MY $1600 TAX PAYMENT WAS BECAUSE OF THEM
“Here’s $75 cause we fucked up, find a tax professional”
“Here’s $75 cause we fucked up, find a tax professional”
Informed delivery telling me Discover is sending me “important student loan information”? Sweetie, you canceled that balance. I’m on a payment plan with the IRS because of it. Do not contact me. We are no longer in a relationship.
June 15, 2025 at 11:05 PM
LMAO THEY SHOULDNT HAVE SENT ME A 1099C IN JANUARY. MY $1600 TAX PAYMENT WAS BECAUSE OF THEM
“Here’s $75 cause we fucked up, find a tax professional”
“Here’s $75 cause we fucked up, find a tax professional”
Why Ignoring a 1099-C Can Lead to Bigger Problems
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #TaxIssues #FinancialLaw #TaxProblems
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #TaxIssues #FinancialLaw #TaxProblems
July 5, 2026 at 3:31 PM
Why Ignoring a 1099-C Can Lead to Bigger Problems
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #TaxIssues #FinancialLaw #TaxProblems
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #TaxIssues #FinancialLaw #TaxProblems
always use goods and services on paypal and use a 1099C form to report freelance income. you will have to tally up your total income once per year, and keep track of any money you spend on software or equipment relevant to your work, because you can deduct that from your income
March 9, 2025 at 5:04 AM
always use goods and services on paypal and use a 1099C form to report freelance income. you will have to tally up your total income once per year, and keep track of any money you spend on software or equipment relevant to your work, because you can deduct that from your income
How Canceled Debt Is Reported to the IRS
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #DebtRelief #FinancialLaw #TaxReporting
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #DebtRelief #FinancialLaw #TaxReporting
July 6, 2026 at 3:31 PM
How Canceled Debt Is Reported to the IRS
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #DebtRelief #FinancialLaw #TaxReporting
Click the bio link to listen to the full episode.
https://bio.link/lawrenceullmann
#TaxLaw #IRS #CancelledDebt #1099C #LegalTips #USLaw #IncomeTax #DebtRelief #FinancialLaw #TaxReporting
If credit card comps. get tax writeoffs for canceled debts (1099C), why can't the consumer get write off for huge interests & fees already paid to that company? IRS charges the canceled debt as income to the consumer tho the consumer had paid back more than the principal debt in fees & interest?
July 2, 2026 at 6:27 PM
If credit card comps. get tax writeoffs for canceled debts (1099C), why can't the consumer get write off for huge interests & fees already paid to that company? IRS charges the canceled debt as income to the consumer tho the consumer had paid back more than the principal debt in fees & interest?
Mobility schon aber bittschön ohne Radl
September 8, 2025 at 8:54 AM
Mobility schon aber bittschön ohne Radl
This is terrible. So many will get away with fraud against the government and here I am sweating it out waiting for 1099c forms to finish my federal and state taxes. Willing to pay them. Fuck the rich pricks fuck them all.
After mass firings, the IRS will be forced to close audits of wealthy taxpayers.
Audits of rich individuals and corporations will soon be closed — without action — due to a lack of personnel to complete them.
Millions upon millions in revenue will be lost.
“All of a sudden, these cases…
Audits of rich individuals and corporations will soon be closed — without action — due to a lack of personnel to complete them.
Millions upon millions in revenue will be lost.
“All of a sudden, these cases…
March 23, 2025 at 2:20 AM
This is terrible. So many will get away with fraud against the government and here I am sweating it out waiting for 1099c forms to finish my federal and state taxes. Willing to pay them. Fuck the rich pricks fuck them all.
Tax Consequences of Short Sales Explained
Watch the full episode here: https://youtu.be/BZi-wQiPX34?si=VAyu2eeVPNSr6cEK
#ShortSale #TaxConsequences #1099C #RealEstateTaxes #MortgageDebt #HomeSelling #DebtForgiveness
Watch the full episode here: https://youtu.be/BZi-wQiPX34?si=VAyu2eeVPNSr6cEK
#ShortSale #TaxConsequences #1099C #RealEstateTaxes #MortgageDebt #HomeSelling #DebtForgiveness
June 9, 2026 at 3:02 AM
Tax Consequences of Short Sales Explained
Watch the full episode here: https://youtu.be/BZi-wQiPX34?si=VAyu2eeVPNSr6cEK
#ShortSale #TaxConsequences #1099C #RealEstateTaxes #MortgageDebt #HomeSelling #DebtForgiveness
Watch the full episode here: https://youtu.be/BZi-wQiPX34?si=VAyu2eeVPNSr6cEK
#ShortSale #TaxConsequences #1099C #RealEstateTaxes #MortgageDebt #HomeSelling #DebtForgiveness
I bet I could broker a deal to open the straight
All I'd ask from our admin is 1)forgive all student loan debts 1099C free, raising taxes on income over $1B & creating a 75% marginal tax rate on income over $10B, & if more than 20% of your assets are stocks those are considered income
All I'd ask from our admin is 1)forgive all student loan debts 1099C free, raising taxes on income over $1B & creating a 75% marginal tax rate on income over $10B, & if more than 20% of your assets are stocks those are considered income
March 16, 2026 at 6:45 PM
I bet I could broker a deal to open the straight
All I'd ask from our admin is 1)forgive all student loan debts 1099C free, raising taxes on income over $1B & creating a 75% marginal tax rate on income over $10B, & if more than 20% of your assets are stocks those are considered income
All I'd ask from our admin is 1)forgive all student loan debts 1099C free, raising taxes on income over $1B & creating a 75% marginal tax rate on income over $10B, & if more than 20% of your assets are stocks those are considered income