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    Tag Archives: freeloader

    *Tax Quips, Cancellation of Debt, Form 1099

    Warning to Co-signers

    Posted on March 21, 2012 by TaxMama

    Today TaxMama® hears from Toni in the TaxQuips Forum with this sad problem. “I volunteer with AARP Tax-Aide. Last week a taxpayer brought in a 1099-C with his other papers. It turns out he had co-signed for a vehicle. When the vehicle ‘owner’ disappeared, the lienholder collected a reduced amount from the co-signer. It was […]

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    Posted in *Tax Quips, Cancellation of Debt, Form 1099  |  Tagged *Tax Quips, AARP Tax-Aide, anger, best, Cancellation of Debt (COD) Income, car loan, co-signer, cosigner, deadbeat, Debt, Finance, fiscal follies, Free, freeloader, friend's debt, Income tax in the United States, inconsiderate, Internal Revenue Service, irresponsible, IRS News, jokes, kindness, Money Funnies, moocher, Public finance, rude, Tax, tax answers, tax blogger, tax humor, Tax Information, tax jokes, tax podcast, tax questions, Tax resistance, tax tips, tax writer, Taxation in the United States, TaxMama, terrific, top, USD 1 Comment
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