If you received a
1099C for cancellation of debt, please follow these steps to enter it in
TurboTax:
- Click on Federal >
Wages & Income [If you're in TT Self-Employed:
Personal > Personal Income > I'll choose what I
work on]
- Scroll down to the Less Common
Income section and click on the Start/Revisit box next to Miscellaneous
Income, 1099-A, 1099-C
- On the Let's Work on Any
Miscellaneous Income screen, click on the Start/Update box
next to
Cancellation of debt (Form 1099-C) ...
- Continue through the screens,
entering the requested information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
