From the page: > Will the Rolling Jubilee have to file a 1099-C Cancellation of ... | Hacker News

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		scott_karana on Aug 18, 2014 \| parent \| context \| favorite \| on: Inside the Dark, Lucrative World of Consumer Debt ... From the page: > Will the Rolling Jubilee have to file a 1099-C Cancellation of Debt form with the IRS? No. The Rolling Jubilee will earn no income from the lending of money and is therefore exempt from filing a Form 1099-C under the Internal Revenue Code Section 6050P.

nerfhammer on Aug 18, 2014 [–]

That doesn't necessarily mean you aren't supposed to report it as income when you file for your tax returns even if they don't file a 1099 for you

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