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

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. 

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.

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?