To cancel a money order, contact the issuer, provide details, attach a copy of the receipt, submit the cancellation form and pay a fee. Many, or all, of the products featured on this page are from our ...

You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt. You must include the amount of canceled debt on your federal tax return as a part of your ...