Allison Martin 8 min read Key takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt.
Allison Martin is a Desk Editor specializing in national news. She writes for various publications including Yahoo Finance, New York Post, AOL, Inc., and has been featured in Bankrate, Brunswick News Inc., and Cigalah Group. Allison's articles primarily focus on topics related to personal finance, loans, banking, and investments.