If you agree with the IRS, you will sign the paperwork where indicated and send it back along with your a payment and a Form 9465 Installment Agreement request if you cannot pay the amount in full.
If you do not agree with the IRS about the 1099-C, then you will respond to the paperwork that you disagree and include documentation to support your position, such as a Form 982 Insolvency Worksheet.
Note: You can visit the TurboTax Audit Support Center any time you need audit-related help. Our TurboTax Audit Support Guarantee gives you free audit guidance from a trained tax professional to help you understand your IRS notice and answer all your audit-related questions. Once you are in the TurboTax
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