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Get your taxes done using TurboTax
Form 982 is already included in TurboTax. It's included in all editions except Free Edition.
June 4, 2019
10:37 PM
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Get your taxes done using TurboTax
Not all of the fields are in the website and the downloadable Turbotax answer is old.
June 4, 2019
10:37 PM
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Get your taxes done using TurboTax
If you are trying to make entries that are not supported in the TurboTax interview, you may need to use the CD/Download TurboTax software instead of TurboTax Online. The CD/Download software has a forms mode that allows you to make entries directly on the form. In particular, in TurboTax Online there is no way to complete Form 982 for insolvency or bankruptcy. TurboTax recommends that you consult a tax professional if you are excluding canceled debt on the basis of insolvency or bankruptcy.
June 4, 2019
10:37 PM
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Get your taxes done using TurboTax
Am I able to add information from form to 982 to my return? So far it appears I need to mail in my return, this doesn't seem right.
February 3, 2020
7:34 AM