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Level 2
posted May 13, 2022 8:59:35 AM

I am not sure if LeeLoo understood my question. I did not quite feel the answer was adequate. I did amend my 2021 return and added the 982 form.

I was asking this:  Did I need to include the information from the 1099-C anywhere else other than the 982 form?  One of the TurboTax Specialists helped me with this, and I only entered the 1099-C information into form 982.  Then, I started having a feeling, for reasons I'm not sure, that I didn't add it in all the right places.  Did I do it correctly to only enter the 1099-C information on form 982?

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3 Replies
Level 15
May 13, 2022 9:22:30 AM

Did you speak with a TurboTax specialist? Did you contact Support?

 

What is the TurboTax phone number? (intuit.com)

 

LeeLoo is not a TurboTax Specialist, Support person, Expert, or Champ (if you are referring to that).

Level 2
May 17, 2022 12:27:17 AM

My initial contact was with support.  

Level 15
May 17, 2022 7:05:10 AM

The bottom line is you exclude this income from your return if the insolvency exclusion applies (which it appears that is does in your case).