Skip to main content
Level 1
June 5, 2019
Solved

Is there a software download or online program that will allow me to include credit card debt forgiveness?

  • June 5, 2019
  • 1 reply
  • 0 views

I will also have some other forms of taxable income, in case the credit card debt forgiveness is supposed to be calculated as taxable income.

Best answer by sbooker

I would recommend starting with Deluxe. This allows 1099-C reporting. You can use our online product or desktop.

Online Product:https://turbotax.intuit.com/personal-taxes/online/

Desktop Product: https://turbotax.intuit.com/personal-taxes/cd-download/

Follow the steps below to enter 1099-C:

  1. Click on Federal Taxes   (Personal, in Home & Business product)
  2. Click on Wages & Income  (Personal Income, in Home & Business product)
  3. Click on I’ll choose what I work on
  4. Scroll down the Screen to Less Common Income
  5. Under the above area is Miscellaneous Income, 1099-A, 1099-C Click on Start or Update



1 reply

sbookerAnswer
Level 10
June 5, 2019

I would recommend starting with Deluxe. This allows 1099-C reporting. You can use our online product or desktop.

Online Product:https://turbotax.intuit.com/personal-taxes/online/

Desktop Product: https://turbotax.intuit.com/personal-taxes/cd-download/

Follow the steps below to enter 1099-C:

  1. Click on Federal Taxes   (Personal, in Home & Business product)
  2. Click on Wages & Income  (Personal Income, in Home & Business product)
  3. Click on I’ll choose what I work on
  4. Scroll down the Screen to Less Common Income
  5. Under the above area is Miscellaneous Income, 1099-A, 1099-C Click on Start or Update