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  • Solved: How to file Form 982 - Intuit
    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 generate Form 982 if your cancelled debt is due to: Cancellation of qualified principal residence indebtedness, aka mortgage debt relief; Debt cancelled in a Title 11 bankruptcy;
  • How do I report excludable (non-taxable) canceled debt? - Intuit
    Next, select Form 982 in the left pane (skip steps 8 and 9 if your debt was canceled due to insolvency or bankruptcy) Now select Schedule 1 in the left pane to verify that your debt has been excluded
  • Solved: I am filling out form 982 for insolvency, and I dont . . . - Intuit
    I am filling out form 982 for insolvency, and I don't know what to fill in for section II Can someone explain section II (Reduction of Tax Attributes) for me?
  • Solved: How do I add a form to be included with my return - Intuit
    Also, see Pub 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments, for additional information File Form 982 with your federal income tax return for a year a discharge of indebtedness is excluded from your income under section 108 (a)
  • Timeshare cancellation of debt - Intuit
    She also checked with some others who also "mentioned" Form 982 I have read the previous answer to this same question but I don't see how I have gotten anything for what has been cancelled We have paid with our previous payments the previous uses of the timeshare
  • Re: Private student loans forgiven, received 1099C forms, how does . . .
    Hello, I was shocked to find out discover student loans had been forgiven back in October without any real reason But I received a stack of 1099-C forms for each forgiven loan Under the American rescue act I live in a state that doesn’t require taxes to be paid on forgiven loans When filing my taxes, do I just not apply those forms? What do I need to do? I certainly cannot afford the tax
  • How can i get form 982 - Intuit
    For additional information on Form 982, Reduction of Tax Attributes: 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 generate Form 982 if your canceled debt is for a qualified principal residence indebtedness, aka mortgage debt relief
  • Solved: How to attach Form 982 - ttlc. intuit. com
    How to attach Form 982 We have a 1099c that we need to add to our income We are insolvent When and where do we add form 982?
  • Solved: Where is form 982? Not coming up - Intuit
    IRS Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment) The Form 982 is completed by the TurboTax software after you enter the Form 1099-C you received for the cancelled debt
  • 1099-C from Discover Student Loans
    Hi, everyone I received a 1099-C from Discover Student Loans I panicked at first, and tried to figure out how I can claim insolvency since I certainly wouldn't be able to pay the taxes on the 1099-C After much research, I noticed that Discover Student Loans closed their student loans department





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