A link to the 1099-C form is available on the Internal Revenue Service website. The form is filled out by creditors who have discharged or forgiven a debt.
A 1099 form is used to document certain types of income, according to TurboTax. Forgiven debt on a 1099-C counts as taxable income even though the taxpayer did not directly receive payment. However, a number of different provision in the tax code allow individuals to limit the amount of money from a 1099-C that they have to claim as income, as of the 2014 tax year. Some exceptions include debt from title XI bankruptcy, farm loans and any debt that would have been a tax deductible payment.