M-MTax
Level 12

Business & farm

@rswelter 

 

You can enter the figure from the 1099-C on Line 8 of the 1041 as Other income and provide a description (although the IRS has never released guidance on how to report this type of IRD on a 1041).

 

Personally, I would file the return by mail and include a copy of the 1099-C.