Quote:
|
Originally Posted by PrivateIvy
If they owed it to me in 2004, I'd take my deduction and write it off - then I'd have sent them a nice legal 1099-C that they have to file on their taxes , oh wait, I did that already 
If they aint gonna pay me, at least they will have to pay Uncle Sam who will collect it one way or the other 
Ivy |
HAHA! I never had thought of that angle. I haven't run across this particular problem to date, but that's something to feather my hat with and consider should it come up.