1099-C 2016

What's New for 2016

Field Name	Size	Type	Description	Notes
See Form Filer Common Fields			Filer fields common to all form types.
See Recipient Common Fields	.		Recipient fields common to all form types
Box 1 Date	10	Date	Box 1: Date of identifiable event	MM/DD/YYYY or M/D/YYYY
Box 2 Amount	12	Amount	Box 2: Amount of debt discharged
Box 3 Amount	12	Amount	Box 3: Interest if included in box 2
Box 4 Text	40	Text	Box 4: Debt description
Box 5 Checkbox	1	Checkbox	Box 5: If the debtor was personally liable for...	X / Y / T / 1 = Checked
Box 6 code	12	Alpha	Box 6: Code	A / B / C/ D / E / F / G / H / I
Box 7 Amount	12	Amount	Box 7: Fair market value of property
See Form Common Fields			Form fields common to all form types.

IRS 1099-C Form: 1099-C Form