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Company in bankruptcy sent me a 1099-OID ,but no money was received by me, IRS wants their cut and won't believe when i say no $ was sent !

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You should contact your lawyer to help you handle the situation. You should also let the carryout an investigation to find if there is any medium that you used to receive the money. You cannot pay a cut down if they do not have proof of what they claim to be true.

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If the IRS has notified you of a claim file an appeal by following the procedure in the letter. Then demand proof of payment from the company. An attorney who is an enrolled agent with the IRS is a good idea, if you can afford one.

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You can file an appeal with the IRS. Be brief and concise when laying out the facts. Follow the IRS's instructions about any particular form you need to use and the time frame for submitting your information.

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