this post was submitted on 09 May 2024
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Sovcit is gonna send the CEO the forms. (lemmy.world)
submitted 6 months ago by [email protected] to c/[email protected]
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[–] [email protected] 14 points 6 months ago

It's not taxes this time.

Form 1099-A is acquisition or abandonment of secured property. Form 1099-C is cancellation of debt.

I suppose the idea is to have the bank remove the security in his truck and cancel the debt too. It would be nice to know why he thinks the bank CEO would sign these forms.