File Form 1099-C for each debtor for whom you canceled $600 or more of a debt owed to you if: You are an applicable financial entity. An identifiable event has occurred. Current revision Form 1099-C PDF Instructions for Forms 1099-A and 1099-C (Print Version PDF) Recent developments None at this time. Other items you may find useful All Form 1099-C revisions About General Instructions for Certain Information Returns Online ordering for information returns and employer returns About Publication 542, Corporations About Publication 544, Sales and Other Dispositions of Assets About Publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments (For Individuals) Other current products Related items About General Instructions for Certain Information Returns About Form 1099-A, Acquisition or Abandonment of Secured Property