Thursday, August 6, 2009

I was a victim of credit card fraud in 2004. I got a form 1099c in the mail wanting me to pay $5000

I also got a letter from the Credit Card company clearing me of the debt. What can I do about my situation?



I was a victim of credit card fraud in 2004. I got a form 1099c in the mail wanting me to pay $5000 in taxes!?

Idiots! When you%26#039;re a fraud victim, you didn%26#039;t receive %26quot;debt cancellation%26quot;!



Did you file as a fraud victim, I hope?



If not, did the credit card company at least investigate and concur you were the victim?



Get that stuff together and copy it all up. I%26#039;d write your Congressman--House or Senate--and just pick one, OK, and say you%26#039;d appreciate help as this is clearly in error.



File without filing the 1099C. If worse comes to worse you can do an amended return, but should not have to.



I was a victim of credit card fraud in 2004. I got a form 1099c in the mail wanting me to pay $5000 in taxes!?

Spend a small amount of money and time with a chartered accountant they should be able to sort it easily. The fees are probably tax deductable too ask that as well.

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