Material and Labor Booked Records

Laser 1099 C, Copy B

1 Part Pricing and Options

QuantityPrice
100 $24.99 $0.25 each
200 $30.99 $0.15 each
300 $36.99 $0.12 each
400 $41.99 $0.10 each
500 $49.99 $0.10 each
600 $56.99 $0.09 each
700 $61.99 $0.09 each
800 $67.99 $0.08 each
900 $72.99 $0.08 each
1000 $80.99 $0.08 each
  • Product Code: TF5138
  • In Stock


Product Description

Paper Filing Due Date: To Recipient January 31st.

Use to Report: Cancellation of a debt owed to a financial institution, the Federal Government, a credit union, FDIC, a military department, the U.S. Postal Service or any organization having a significant trade or business of lending money. 

The IRS rules that if a  creditor cancels a debt that does not take any compensation from the debtor for the amount due, he or she shall dile a report with the IRS center. The idea behind this is that a cancellation of debt is deemed income of the debtor and all such incomes must be reported to the IRS and a copy sent to the debtor. The Copy B of the report in 1099-C tax form is for the debtor's information for inclusion in the income tax return. 

Amounts to report: $600 or more. 

Don't forget the compatible envelopes: TF22222

 

 

Turnaround Time

No logo: 3 Business Days + Shipping With logo or extra lines of print: 7 Business Days + Shipping