What is the name of your state (only U.S. law)? Texas
I was sued by a debt purchaser in 2008 and we settled before court. In the settlement it was agreed that niether side proved thier case and the debt remained doubtful so there would be no forgiveness of debt. So today I get a notice from the IRS that in 2008 a 1099 was issued on this debt. Should I respond with to IRS with copy of settlement agreement?
I was sued by a debt purchaser in 2008 and we settled before court. In the settlement it was agreed that niether side proved thier case and the debt remained doubtful so there would be no forgiveness of debt. So today I get a notice from the IRS that in 2008 a 1099 was issued on this debt. Should I respond with to IRS with copy of settlement agreement?