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February 15, 2021
Question

I have a form 1099-C Can i claim the fees i was charged when the company i used got it canceled? If so where do i put it on my forms?

  • February 15, 2021
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1 reply

February 15, 2021

Unfortunately you cannot deduct the expenses in 2021. It used to be a part of miscellaneous itemized deductions and are no longer deductible.