1099-c
Can a 1099-c be issued to a non preforming promissory in a self direct ira?
Can a 1099-c be issued to a non preforming promissory in a self direct ira?
It can, but is probably not required.
Instructions for Forms 1099-A and 1099-C (01/2022) | Internal Revenue Service (irs.gov)
Permalink Submitted by Alan - IRA critic on Wed, 2024-05-01 17:08
It does not appear to be required by the following:
Instructions for Forms 1099-A and 1099-C (01/2022) | Internal Revenue Service (irs.gov)