this post was submitted on 20 Mar 2024
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InsanePeopleFacebook

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[–] [email protected] 10 points 6 months ago (3 children)

Wth is a 1099A and 1099C? Is that supposed to mean something?

[–] [email protected] 28 points 6 months ago (2 children)

I just looked this up and they are actual gvernment forms you're supposed to fill out if your business acquires property (A) and to discharge debt (C). So I guess they think these forms somehow allow them to magically steal stuff.

Here's a pdf from the IRS site: https://www.irs.gov/pub/irs-pdf/i1099ac.pdf

[–] [email protected] 9 points 6 months ago

Thanks.

Must be exhausting dealing with these people.

[–] [email protected] 8 points 6 months ago

IIRC they use the discharging debt one to discharge debt that other people hold over them. So they borrow money and then try to forgive their own debt.