Question

1099c business credit card

Forum|Forum|1 year ago
February 21, 2025
1 reply
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I recently received two 1099c forms from Chase business credit card. One is under the SSN and one is under EIN. I am so confused that why I receive two. And is it supposed to file both to personal and business. If so, which means the amounts that file are double? Please advise ?

SharonD007

Are the two 1099-Cs for the same credit card? Is the only difference the SSN and EIN? Please provide more information so we may help you.

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M

MslabubuAuthor

Thank you for your response. The forms issued by the same business credit card. And all the informations are the same , only different is one issue to SSN and other one is issued to EIN

J

JamesG1

The IRS form 1099-C with your Social Security number may be entered in your personal Federal 1040 income tax return.

In TurboTax Online, follow these steps:

Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
Click to the right of Less Common Income.
Click to the right of Miscellaneous Income, 1099-A, 1099-C.
Click to the right of Cancellation of debt (Form 1099-C).

Click Learn more to the right and additional information will appear to the right. Hopefully the information there will be able to guide you. IF not, post again.

IS the IRS form 1099-C for the EIN exactly the same debt? What is the entity that the EIN on the IRS form 1099-C represents? What kind of tax return (if any) do you file for that EIN? Please advise.