We have a bankruptcy this year and the 1099-C forms are coming in. TurboTax Home & Business does not appear to allow me to show exemptions for debt cancellation. In fact, when entering a 1099-C TurboTax says "In some situations, canceled debt can be excluded from taxable income. These situations may include bankruptcy or insolvency. If you think one of these exclusions apply to you, we recommend you have a tax pro review your situation."
Is this telling me I cannot use TurboTax to file?
