Next, select Form 982 in the left pane (skip steps 8 and 9 if your debt was canceled due to insolvency or bankruptcy). Complete Part II (Reduction of Tax Attributes) on Form 982. Now …

2019年5月31日 · Form 982 (Reduction of Tax Attributes Due to Discharge of Indebtedness) reports the amount of cancelled debt to excluded from taxable income. We'll automatically …

2019年6月7日 · Check Form 982. 1. Enter Form 1099-C. To enter your 1099-C: 1. Open (continue) your return, if it's not already open. 2. In the TurboTax program, search for 1099-C …

2024年4月10日 · In TurboTax you can find Form 982 by using the following steps. Search (upper right) > Type 982 > Click the Jump to... Link > Begin the entry and answer questions as …

2023年5月10日 · If you had canceled debts in multiple years, you will need to determine if insolvency was a factor for each year. For example, if you had debts cancelled in 2019 and …

2021年2月17日 · Then you will need to access Form 982 from the "Forms Mode" to manually enter information. Here are the steps: To the right upper corner, select Forms; From the top, …

2019年6月6日 · Enter Form 982 without quotes. In the list select Form 982 and click GO. Now you will see "Tell us about your canceled debt." For additional information on Form 982, Reduction …

2019年6月7日 · Basically, if you were "insolvent" prior to getting the debt relief that generated the form 1099-C, then the debt would be excluded from income using the form 982. Here is a link …

2019年6月7日 · IRS form 982 is supported in TurboTax versions Deluxe and above. Enter '982' in the magnifying glass in the upper right hand corner of the screen. Click on 'jump to 982'. Form …

2023年2月18日 · Also, as you're entering your Form 982 information into the program, it's helpful to have a pdf of both Form 982 and the Instructions for Form 982 in front of you. In certain …