A form 1099-C reports cancellation of debt that can be taxable. There are exemptions if you are bankrupt, insolvent, had your home foreclosed on and a few other reasons. I suggest you enter the forms in TurboTax and see if it results in any tax, then you can use this link to investigate ways you may be able to avoid tax on it: Cancellation of Debt
You can enter form 1099-C's in the Less Common Income section of TurboTax, which is in the Wages and Income section.
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