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When Is Form 1099-C Required of Lenders? [More with McGlinchey, Ep. 16] [Audio]

When debt is forgiven, as much of the funding lent through the CARES Act’s PPP may be, a lender may be required to file IRS Form 1099-C with the IRS and to furnish a copy to the borrower. As a lender, do I need to file the...more

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