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Get your taxes done using TurboTax
If your adjusted gross income (AGI) is $39,0000 or higher, you don't qualify for the IRS Free File Program delivered by TurboTax .
- It's geared towards lower-income filers, regardless of tax return complexity, and is only offered through the IRS Free File Alliance (FFA) program. No upgrades are available.
In certain cases, you'll be able to exclude canceled, forgiven or discharged debt as taxable income. Although the IRS generally considers these as taxable income, there are exclusions and exceptions to the rule.
- When you enter your 1099-C in TurboTax, we'll ask a series of questions to determine if some or all of your 1099-C debt can be excluded.
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‎February 18, 2021
7:17 AM