If you received a Form 1099-C for the cancellation of debt on your main home, after entering the information on your 1099-C the program will determine if you qualify for the exclusion. If you do, TurboTax will complete Form 982 as part of your return. TurboTax Online does not provide a way to complete and file Form 982 for the cancellation of personal debt such as credit card, car loan, mortgage on a second home, etc. The program will recommend that you consult a tax professional.
TurboTax Desktop Software includes Form 982; however, you have to complete it in Forms mode. There is no step-by-step guidance. If you are interested in TurboTax Desktop, go to: TurboTax® Desktop