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cavin
Returning Member

Enter 1099C on turbo tax business for an estate

I cannot find where I need to enter my 1099C form. I see this information.

To enter your 1099-C:

  1. Open or continue your return, if it isn't already open.
  2. From the upper right menu, select and search for 1099-C or 1099C (lower-case also works).
  3. Select the Jump to link at the top of the search results.
    • If using Free Edition or TurboTax Live Basic, follow the prompts to upgrade to Deluxe.
  4. On the Tell us about your canceled debt screen, select Yes.
  5. Select the type of canceled debt (main home or other) and then select Continue.
  6. Follow the instructions to enter info from your 1099-C.

 

I do not see a jump to link.

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1 Reply
JotikaT2
Employee Tax Expert

Enter 1099C on turbo tax business for an estate

You will enter this into the federal section of the program.

  1. Select Income & Expenses
  2. Scroll down to All Income and select Less Common Income
  3. Select Miscellaneous Income, 1099-A, 1099-C
  4. Select Cancellation of debt (Form 1099-C) or the abandonment and/or acquisition of secured property (Form 1099-A)
  5. You will be able to enter your information accordingly based upon the source of your 1099-C income

 

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