topic How to enter multiple 1099c? in Get your taxes done using TurboTax

How to enter multiple 1099c?

louisdeb — Sat, 01 Jun 2019 06:25:32 GMT

I have more than 1 1099c and system doesn't seem to ask to enter more than 1.

TurboTax interview doesn't support two different types of...

Kadian — Sat, 01 Jun 2019 06:25:34 GMT

TurboTax interview doesn't support two different types of canceled debt reported on 1099-C. Please consult a professional, or see IRS publications 544 and 4681 before continuing.

You can get IRS forms and publications by calling 1-800-TAX-FORM (1-800-829-3676) or by visiting the IRS website at www.irs.gov.

However, you can add the additional 1009-C using the Forms mode in TurboTax (NOTE: DO NOT OVERRIDE ANYTHING WHILE IN THE FORMS MODE).

To do this, enter the first 1099-c. "Federal Taxes" > "Wages & Income" > "Less Common Income" > Miscellaneous Income" > click start next to "Cancellation of debt (Form 1099-C)..." follow the onscreen guide to enter your first 1099-C form.

Once you have entered the first one, click on "Forms" in the upper right corner (this will switch you to the forms mode).
Locate the Form 1099-C in the left pane, it will open in the middle of the screen.
Scroll down on the open form to where you see "Quickzoom to another Form 1099-C", click on "quickzoom" to the right of it. This will open up a pop up box
In the pop up box type the name of the Creditor and click on "Add Form", this will open up a brand new 1099-C form, copy the information directly into the form matching it exactly to the 1099-c you have in hand.
continue repeating these steps until all the 1099-c forms have been entered. (see images below)
Once done, click on "Step-by-Step" Located in the upper right hand corner to return back to the interview mode.

Re: How to enter multiple 1099c?

Jamvilla111811 — Fri, 07 Apr 2023 17:29:21 GMT

Please show me how to enter 2 Forms of 1099Cs in the system.

Re: TurboTax interview doesn't support two different types of...

Jamvilla111811 — Fri, 07 Apr 2023 17:32:16 GMT

Should I do this now?

Re: How to enter multiple 1099c?

taxlady28 — Fri, 07 Apr 2023 17:52:55 GMT

Add all the amounts together and enter as one 1099-C

Re: How to enter multiple 1099c?

MonikaK1 — Fri, 07 Apr 2023 18:04:43 GMT

When you are in the 1099-C section of TurboTax Online, under Wages and Income, and you reach the screen that states "Enter Some Info from Your 1099-C", note that the directions state "If you have more than one 1099-C, add the numbers from each one together and enter the totals below".

See this tax tips article for more information about Form 1099-C.

@Jamvilla111811