Where do I report 1099-C Cancellation of Debt? 993 viewsOctober 10, 2022Banking and Finance 0 Sam Smith11.38K March 17, 2021 0 Comments Spread the loveSpread the love 1 Answer ActiveVotedNewestOldest 0 Blogolu28.38K Posted March 18, 2021 0 Comments Spread the loveReporting 1099-C Income – If you get a 1099-C for a personal debt, you must enter the total on Line 21 of Form 1040 personal income tax. If it’s a business or farm debt, use a Schedule C or Schedule F, profit and loss from business or farming. Spread the love Login