turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have a fedloan cancellation debt of zero dollars that is sent and not a 1099-C. Do I still enter it as 1099-C with zero amounts on tax return?

 
1 Best answer

Accepted Solutions
Rachel_W
Expert Alumni

I have a fedloan cancellation debt of zero dollars that is sent and not a 1099-C. Do I still enter it as 1099-C with zero amounts on tax return?

If the Federal Loan debt Cancellation was Zero Dollars, then you do not need to input anything into TurboTax regarding it.

View solution in original post

1 Reply
Rachel_W
Expert Alumni

I have a fedloan cancellation debt of zero dollars that is sent and not a 1099-C. Do I still enter it as 1099-C with zero amounts on tax return?

If the Federal Loan debt Cancellation was Zero Dollars, then you do not need to input anything into TurboTax regarding it.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v