I received a 1099C form. Where do I go in my tax return to add this information?
If your debt is cancelled or forgiven, you'll receive Form 1099-C (Cancellation of Debt). Most of the time, cancelled debt is taxable, but there are exclusions and exceptions. We'll check for those after you've entered your 1099-C.
To enter your Form 1099-C in TurboTax, please follow the steps below:
Sign in to TurboTax (if you're not
already signed in).
the Take me to my Return button
the Federal Taxes tab
the Wages and Income tab
Scroll down to Less Common Income
Click Start on Miscellaneous
Income, 1099-A, 1099-C
Click Start on Cancellation of debt (Form 1099-C) and continue through the
Note: If you received a 1099-C for your main home and another 1099-C for something else (credit card, car loan, second mortgage, etc.) you won't be able to use TurboTax, as the interview doesn't support this.