KurtL1
Expert Alumni

Deductions & credits

Form 982 for the 2019 tax year was one of the forms affected by the Consolidated Appropriations Act of 2020 that was signed into law December 20, 2019. Our programmers are working to have it ready to use as soon as possible. Per IRS forms availability table for TurboTax individual (personal) tax products it is scheduled to be ready around the first of the month. 

 

When completing the Insolvency Worksheet  should be calculated on the date of cancellation on each of the 1099-Cs.  If you receive three 1099-Cs with different dates you will need to complete three separate insolvency worksheets. 

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