1099C issued to deceased person

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  • Jan S
    Junior Member
    • Feb 2008
    • 28

    #1

    1099C issued to deceased person

    A client who died on 3/6/14 received a 1099C in 2015 for cancellation of credit card debt (date=2/6/15). The bank made a "decision to discontinue collection". He was married. The wife is not responsible for the debt. All of their assets were jointly held. A 1041 was not done in 2014. Can this form be ignored? The amount is $8,330.
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