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Do not file draft forms. We incorporate all significant changes to forms posted with this coversheet. However, unexpected issues occasionally arise, or legislation is passed—in this case, we will post a new draft of the form to alert users that changes were made to the previously posted draft. Thus, there are never any changes to the last posted draft of a form and the final revision of the form. Forms and instructions are subject to OMB approval before they can be officially released, so we post drafts of them until they are approved. Drafts of instructions and pubs usually have some additional changes before their final release. Early release drafts are at [IRS.gov/DraftForms](IRS.gov/DraftForms and)[ and](IRS.gov/DraftForms and) remain there after the final release is posted at [IRS.gov/LatestForms](IRS.gov/LatestForms. Also see)[. Also see](IRS.gov/LatestForms. Also see) [IRS.gov/Forms](IRS.gov/Forms).  \nMost forms and publications have a page on [IRS.gov:](IRS.gov:) [IRS.gov/Form1040](IRS.gov/Form1040 for)[ for](IRS.gov/Form1040 for)[ ](IRS.gov/Form1040 for)Form 1040; [IRS.gov/Pub501](IRS.gov/Pub501) for Pub. 501; [IRS.gov/W4](IRS.gov/W4 for Form W-4)[ for Form W-4](IRS.gov/W4 for Form W-4); and [IRS.gov/ScheduleA](IRS.gov/ScheduleA for Schedule A)[ for Schedule A](IRS.gov/ScheduleA for Schedule A) (Form 1040), for example, and similarly for other forms, pubs, and schedules for Form 1040. When typing in a link, type it into the address bar of your browser, not a Search box on [IRS.gov](IRS.gov).  \nIf you wish, you can submit comments to the IRS about draft or final forms, instructions, or pubs at [IRS.gov/FormsComments](IRS.gov/FormsComments. Include)[. Include](IRS.gov/FormsComments. Include) “NTF” followed by the form or pub number (for example, “NTF1040”,“NTFW4”, “NTF501”, etc. ) in the body of the message to route your message properly. We cannot respond to all comments due to the high volume we receive and may not be able to consider many suggestions until the subsequent revision of the product, but we will review each “NTF”message. If you have comments on reducing paperwork and respondent (filer) burden, with respect to draft or final forms, please respond to the relevant information collection through the Federal Register process; for more info, click here.  \n8585  VOID  CORRECTED  \n\n| CREDITOR’S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no. |  | 1 Date of identifiable event | OMB No. 1545-1424\u003Cbr>Form 1099-C\u003Cbr>(Rev. April 2025) | Cancellation of Debt |  |  |\n| --- | --- | --- | --- | --- | --- | --- |\n|  |  | 2 Amount of debt discharged $ |  |  |  |  |\n|  |  | 3 Interest, if included in box 2 $ | For calendar year |  |  |  |\n| CREDITOR’S TIN | DEBTOR’S TIN | 4 Debt description\u003Cbr>URY/IRS |  |  |  | Copy A For\u003Cbr>Internal Revenue Service Center\u003Cbr>For filing information, Privacy Act, and Paperwork Reduction Act Notice, see the\u003Cbr>General Instructions for Certain Information Returns.\u003Cbr>[www.irs.gov/Form1099](www.irs.gov/Form1099) |\n| DEBTOR’S name |  |  |  |  |  |  |\n| Street address (including [apt. no](apt. no).) |  | 5 Check here if the debtor was personally liable for repayment of the debt . . . . . . . . |  |  | |  |\n| City or town, state or province, country, and ZIP or foreign postal code |  |  |  |  |  |  |\n| Account number (see instructions) |  | 6 Identifiable event code | 7 Fair market value of property $ |  |  |  |\n\nTREAS  \nAND OMB USE  \nForm 1099-C (Rev. 4-2025) Cat. No. 26280W [www.irs.gov/Form1099C](www.irs.gov/Form1099C) Department of the Treasury-Internal Revenue Service  \nDo Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page  \nONLY DRAFT November 25, 2024 DO NOT FILE  \n CORRECTED (","cbCainvV7I8JdgZJ","https://ap.wps.com/l/cbCainvV7I8JdgZJ","pdf",264833,"English","# Form Overview\n## Draft Notice and Filing Guidance\n## Recipient (Debtor) Instructions\n# Form 1099-C Fields\n## Creditor and Debtor Information\n## Amounts and Identifiable Event Details","[{\"question\":\"What is Form 1099-C used for?\",\"answer\":\"Form 1099-C reports the cancellation of debt, including amounts of debt discharged and related details such as the date of identifiable event and identifiable event code.\"},{\"question\":\"Why does the document say it is a draft and not for filing?\",\"answer\":\"It states that the provided version is an early release draft and should not be filed. Drafts may change until they receive approval and the final revision is posted.\"},{\"question\":\"What information fields are included on the form?\",\"answer\":\"The form includes creditor and debtor identifying details, date of identifiable event, amount of debt discharged, interest if applicable, debt description, identifiable event code, and fair market value of property.\"}]","Form 1099-C - Cancellation of Debt | PDF",1789805469]