• bstix@feddit.dk
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      6 months ago

      It’s not taxes this time.

      Form 1099-A is acquisition or abandonment of secured property. Form 1099-C is cancellation of debt.

      I suppose the idea is to have the bank remove the security in his truck and cancel the debt too. It would be nice to know why he thinks the bank CEO would sign these forms.

    • BonesOfTheMoon@lemmy.worldOPM
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      6 months ago

      Yes that’s them. The 1099a accesses the secret trust the government holds in your name worth 2 million dollars.