| http://www.w3.org/ns/prov#value | - If the canceled debt that prompted the 1099-C was from a credit card or other debt, then you may still be permitted to exclude it if you were forgiven due to bankruptcy or insolvency, or if it was a non-recourse loan. 1099-KCredit card and payment processors, such as Paypal, are being required to send a 1099-K for those who received $20,000 in gross payments and 200 payments over the course of a y
|
