Get Irs Instruction 1099-a & 1099-c 2012
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The main difference between 1099-A and 1099-C lies in their purpose. A 1099-A reports information about property that has been acquired or abandoned, while a 1099-C indicates that a debt has been canceled. Understanding these differences is vital for accurate tax reporting, and referring to IRS Instruction 1099-A & 1099-C can provide necessary clarity.
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