On insolvency worksheet under for liabilities and credit card debt, does that include my debt now plus the discharged debt amount I received on my 1099c

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You should include the amount of liabilities and credit card debt you had immediately before the debt cancellation, which would include the amount on your Form 1099-C.

For more information, please see Publication 4681 (2023), Canceled Debts, Foreclosures, Repossessions, and Abandonments

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I had some cancelled debt last year and am filling out Form 982 and the insolvency worksheet. Should I include the amount that was cancelled as part of my liabilities?

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On insolvency worksheet under for liabilities and credit card debt, does that include my debt now plus the discharged debt amount I received on my 1099c

On insolvency worksheet under for liabilities and credit card debt, does that include my debt now plus the discharged debt amount I received on my 1099c

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On insolvency worksheet under for liabilities and credit card debt, does that include my debt now plus the discharged debt amount I received on my 1099c

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On insolvency worksheet under for liabilities and credit card debt, does that include my debt now plus the discharged debt amount I received on my 1099c

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