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Submitted 757 days ago...

mwley

mwley

New User (1)

1099 c

I received a 1099 c on a credit card settlement.
Do I have to claim the amount in box 2, or can I subtract the interest in box 3 and claim that amount?

I also paid a professional fees throughout 2007 for help in settling these credit cards. Are any of these fees deductible?

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