My husband is 100% P&T disabled from military service. due to this, student loans were discharged. We did not receive a 1099-C however. Any ideas how to reports this?
My husband is 100% P&T disabled from military service. due to this, student loans were discharged. We did not receive a 1099-C however. Any ideas how to reports this?
You do not report this. The discharge of student loans due to disability is not considered taxable income and you will not receive a 1099-C nor will you include this on your tax return.
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"