Cancellation of credit card debt

audreystillman — Sat, 01 Jun 2019 05:06:52 GMT

under what category or section do I list cancellation of debt for a credit card

Follow these steps to enter a 1099-C (Cancellation of Deb...

MichaelDC — Sat, 01 Jun 2019 05:06:54 GMT

Follow these steps to enter a 1099-C (Cancellation of Debt)

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 for credit card debt) and then click Continue.
Follow the onscreen instructions to enter information from your 1099-C.