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June 4, 2019
Question

I received a 1099-C for a Student Loan do I have to report it on 1040?

  • June 4, 2019
  • 1 reply
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This was a settlement, I paid them some money.  I am a teacher at a public high school.  Is this a personal debt or a non-personal debt?  Do I have to report it on a my 1040?


1 reply

Employee
June 4, 2019

Yes, you would report this 1099-C on your tax return. This would be considered a personal debt.