http://getoutofdebt.org/17007/mortgage-company-sent-me-a-1099-c-do-i-owe-tax-on-this-derek Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://getoutofdebt.org/17007/mortgage-company-sent-me-a-1099-c-do-i-owe-tax-on-this-derek#comment-90072 Jvidaurre Thu, 20 Oct 2011 16:48:00 +0000 http://getoutofdebt.org/?p=17007#comment-90072 I was issued a 1099C in February 2010 on my second mortgage, I filed my year 2010 taxes and included the 1099C information. Now fast forward to August 2011, and I receive a letter from the mortgage company telling me that they are going to forclose on my home for non payment. Sent a letter back to them with a copy of the 1099C, and they are now responding that they made a mistake it was issued in error back in Feb 2010, and they are going to reverse it, and I owe all back payments, can they do this? If I made a mistake with them I could not say whoops! sorry I was issued a 1099C in February 2010 on my second mortgage, I filed my year 2010 taxes and included the 1099C information. Now fast forward to August 2011, and I receive a letter from the mortgage company telling me that they are going to forclose on my home for non payment. Sent a letter back to them with a copy of the 1099C, and they are now responding that they made a mistake it was issued in error back in Feb 2010, and they are going to reverse it, and I owe all back payments, can they do this? If I made a mistake with them I could not say whoops! sorry

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