Needles to say, your bank is required to notify you and the IRS about debt discharges by filing Form 1099-C. It is less than crystal clear as to exactly when the banks are supposed to file 1099-C. your bank should have sent you the right/correct form the first time, and when you pointed out the error, it should have fixed it immediately , not shrugged it off by saying, There?s nothing we can do about it.Some tax lawyers advise that the smartest move is to go to the source, even through the bureaucracy of the company. Document your reason for disagreement with the form.however, getting through bank bureaucracy doesn?t always work. after the bank representative refused to help, you need to hire an attorney to help you. What the IRS?d tell you to do is to call the bank to get it corrected but if you?ve ever talked to the bank, you know how far that?s going to go or
I guess since the bank is not cooperative, you may try to contact the IRS for help.