We’re required to send you this form only when miscellaneous income totals $600 or more during a calendar year.
Why didn’t I receive a Form 1099-C (Cancellation of Debt) this year when I received one last year?
The IRS only requires us to send you this form when we cancel $600 or more of your principal balance debt in a calendar year.
Do you report the real estate taxes I paid during the year on Form 1098 ? And can I deduct them on my income tax return?
The IRS does not require us to report real estate taxes paid by you on Form 1098. To determine if the real estate taxes you paid are deductible, we suggest you contact your tax/financial advisor or the IRS at 1-800-829-1040 or IRS.gov.