topic I have a 1099-C for a student loan debt cancellation as part of a repayment plan to the creditor. Can this be considered exempt from taxable income? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-have-a-1099-c-for-a-student-loan-debt-cancellation-as-part-of-a-repayment-plan-to-the-creditor-can/01/286975#M121568 Mon, 03 Jun 2019 17:37:38 GMT eighteenholer 2019-06-03T17:37:38Z I have a 1099-C for a student loan debt cancellation as part of a repayment plan to the creditor. Can this be considered exempt from taxable income? https://ttlc.intuit.com/community/taxes/discussion/i-have-a-1099-c-for-a-student-loan-debt-cancellation-as-part-of-a-repayment-plan-to-the-creditor-can/01/286975#M121568 Mon, 03 Jun 2019 17:37:38 GMT https://ttlc.intuit.com/community/taxes/discussion/i-have-a-1099-c-for-a-student-loan-debt-cancellation-as-part-of-a-repayment-plan-to-the-creditor-can/01/286975#M121568 eighteenholer 2019-06-03T17:37:38Z A 1099-C is only exempt from taxation if you are insolven... https://ttlc.intuit.com/community/taxes/discussion/a-1099-c-is-only-exempt-from-taxation-if-you-are-insolven/01/286984#M121570 <P>A 1099-C is only exempt from taxation if you are insolvent at the time you received it.&nbsp; You can calculate and file Form 982 for Insolvency using the TurboTax&nbsp;<A href="https://turbotax.intuit.com/personal-taxes/cd-download/" target="_blank">CD/Download Product&nbsp;</A></P> Mon, 03 Jun 2019 17:37:39 GMT https://ttlc.intuit.com/community/taxes/discussion/a-1099-c-is-only-exempt-from-taxation-if-you-are-insolven/01/286984#M121570 KittyM 2019-06-03T17:37:39Z