To enter your 1099-C, please use the steps below:
- Open (continue) your return.
- Go to Federal Taxes tab
- Go to the Wages & Income sub-tab
- If asked, click on "I'll choose what I work on" or "Jump to a Full List"
- Scroll down to Less Common Income section
- Click on the Start/Update button next to Miscellaneous Income, 1099-A, 1099-C
- Click on the Start/Update button next to Cancellation of debt (Form 1099-C) or the abandonment and/or acquisition of secured property (1099-A)
OR
- Open (continue) your return.
- In the TurboTax program, search for 1099-C or 1099C (lower-case works also) and then click the "Jump to" link in the search results.
- Select the type of cancelled debt (main home or other) and then click Continue.
- Follow the onscreen instructions to enter information from your 1099-C.
Note: TurboTax does not support both types of canceled debt if they were both reported on 1099-C. In this uncommon situation, refer to IRS publications 544 and 4681 before proceeding, or consult with a professional tax preparer.
