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

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

jimadavis
New Member

I sold a house short sale. Because I was underwater at the time (overall debts and assets), that won't count as income. Can TT help with this? If so, what version?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I sold a house short sale. Because I was underwater at the time (overall debts and assets), that won't count as income. Can TT help with this? If so, what version?

Yes the program can handle form 982 for insolvency but you will need to use Deluxe or better if you use the Online version or any of the Downloaded versions. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies