Form 1099-C Template

Use this form to record cancellation of debt details, including discharged amount and identifiable event data.

By using this template, you agree to our Template Terms of Use.

Why use a Form 1099-C?

A Form 1099-C helps organize creditor, debtor, discharged debt, interest, event code, and property value details.

Record discharged debt

Capture the amount of debt discharged and any interest included in that amount.
Identify the event

Record the date of the identifiable event and the related event code.
Track debt context

Keep debt description, liability status, and property value details together.

This template includes creditor and debtor details, debt discharge fields, event information, and property value fields.

Creditor and debtor details
Fields capture creditor and debtor names, addresses, taxpayer IDs, and account number.
Identifiable event fields
Includes the date of identifiable event and identifiable event code fields.
Debt discharge amount
Provides fields for discharged debt amount and interest included in that amount.
Debt description
Includes a field to describe the debt connected to the cancellation.
Liability and property value
Covers debtor liability status and fair market value of related property.