• Report: #1011776

Complaint Review: DENT-A-MED, Inc.

  • Submitted: Sun, February 10, 2013
  • Updated: Mon, February 11, 2013

  • Reported By: Angela — Pearland Texas U.S.A.
DENT-A-MED, Inc.
PO Box 829 Springdale, Arkansas United States of America

DENT-A-MED, Inc. Fraudulent 1099-C Form Springdale, Arkansas

*Consumer Suggestion: 1099-C is not rip off but an accounting error?

*Author of original report: Re: Why am I posting here...

*Consumer Suggestion: Why are you posting here?

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I just received a 1099-C form from Dent -A-Med, Inc., saying that they have discharged a debt in the amount of $1128.00. I live in south Texas and have never heard of this company nor have I ever done any business with them. The debt description says credit card expenditure, which makes no sense because I would have to have a credit card from this company in order to owe a credit card expenditure? I don't owe this company any money and have never done any business there. This is IRS tax fraud on their part.

This report was posted on Ripoff Report on 02/10/2013 11:54 AM and is a permanent record located here: http://www.ripoffreport.com/r/DENT-A-MED-Inc/Springdale-Arkansas-72765-0829/DENT-A-MED-Inc-Fraudulent-1099-C-Form-Springdale-Arkansas-1011776. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
1Author 2Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Suggestion

1099-C is not rip off but an accounting error?

AUTHOR: Econ - (USA)

It is not likely that the IRS will audit a person for 1099 form that they did not show on their own income tax statement for less that $10K 

A company can issue a 1099 to anyone who failed to pay on a legal obligation in full. Credit card companies will often forgive via write off a debt and show no further payments are required. However, that amount becomes incomve to the forgiven who originally received the credit to acquire an item that they otherwise would have had to pay cash. It is easy to for confusion after several months when the event occurred over a small amount of money on the part of the borrower when they remember the transaction as between them and seller of the product forget the credit issuer.

Errors happen and the credit company may have sent it to you by mistake. You merely need to call the company and ask for transaction details.  It may be that your information was hacked eslewhere and false account setup at the credit company. If the credit company is in error they will correct it with the IRS. Don't go crazy and damage a company's reputation over a minor event. The company you work for or own would not want that kind of overthetop reaction without a chance to correct it. 

 

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#2 Author of original report

Re: Why am I posting here...

AUTHOR: Angela - (U.S.A.)

I am posting to this site because: 1)another person posted the same situation with the same company filing a fraudulent 1099-C form; and 2)this is a ripoff because if the IRS gets this information from Dent-A-Med and decides to audit my taxes for this year, the $1128 will be considered income and I will be taxed on it.  I do not owe any money to Dent-A-Med and it's a ripoff form them to claim that they have "forgiven" me a debt that I do not owe them.
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#3 Consumer Suggestion

Why are you posting here?

AUTHOR: Josh - (U.S.A.)

Either contact them and let them know (it may just be a clerical error) or contact the IRS and let them know.  What's the point of posting here?
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