Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Apr 24, 2025 12:39:38 PM

Can I file a form 982 as an amendment to my tax return?

I filed my tax return and paid taxes on the canceled debt. Can I file the form 982 after the fact and get a refund?

0 2 2305
2 Replies
Expert Alumni
Apr 24, 2025 12:44:18 PM

You can file an amended return to include this form. What kind of debt are you trying to exclude? 

Level 1
Apr 24, 2025 1:10:00 PM

Hi.  Thanks for your response.  It is cancellation of credit card debt.  I am was insolvent at the time, but didn't know I could claim that.  I had to borrow the money for the tax payment.