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Business & farm
You will need to report this in a personal tax return if the 1099C was issued in her name and social security number. To report this, you will need to amend her 2019 tax return to include this document. If you prepare the original using Turbo Tax Online.
- Log into Turbo Tax.
- Go to Your tax returns & documents and select 2019.Next choose to amend (change) 2019 return.
- After going through the questions you will go to federal>wages and income
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Less Common Income>show more
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Go to Miscellaneous Income, 1099-A, 1099-C>start
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Then go to Cancellation of debt (Form 1099-C) or the abandonment and/or acquisition of secured property (Form 1099-A).
Note, if you did not prepare your mother's 2019 personal return in Turbo Tax, you may need to to contact the tax preparer or refer to the software used since they have all the original data on file. You can also purchase a 2019 Turbo Tax software product and reconstruct the original tax return and then prepare the amendment if you didn't originally file your mother's return with Turbo Tax.
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