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april-stuff
New Member

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

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.

1 Best answer

Accepted Solutions
SherekaB
New Member

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

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



View solution in original post

1 Reply
SherekaB
New Member

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

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



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