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Please help!!!!!

i received a 1099-C Cancellation of Debt, how do I record or add this on my 1040EZ tax form?
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Accepted Solutions
JoceannaD
New Member

Please help!!!!!

Good evening. Please review the instructions in the article below. Additionally, I want to advise that the Form 1099-C Cancellation of Debt is Not covered by TurboTax Federal Free Online Version. You would need to upgrade to the Deluxe version. 

  • I have included a link to our "Freedom Edition"(in case you qualify), as it covers the 1099-C.

Please visit this link and scroll down to see our Online versions and the forms they cover. https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp



Please review the entire article below, and additional links provided in it, as you may qualify for the Freedom Edition.
What is TurboTax Freedom Edition  and covered forms https://turbotax.intuit.com/modals/taxfreedom-forms/
https://ttlc.intuit.com/replies/3301359

NOTE: You will need to make a new account through the Freedom website or else it will continue to bring you back into your original TurboTax return and charge you for your federal & state.
Freedom Edition is available online at www.taxfreedom.com. Please note that the Freedom Edition website is not connected to the TurboTax.com website.
https://ttlc.intuit.com/replies/3301359
How do I switch to TurboTax Freedom Edition?
https://ttlc.intuit.com/replies/3491786

What's the difference between Freedom Edition and Federal Free Edition? https://ttlc.intuit.com/replies/4217412


View solution in original post

3 Replies
JoceannaD
New Member

Please help!!!!!

Good evening. Please review the instructions in the article below. Additionally, I want to advise that the Form 1099-C Cancellation of Debt is Not covered by TurboTax Federal Free Online Version. You would need to upgrade to the Deluxe version. 

  • I have included a link to our "Freedom Edition"(in case you qualify), as it covers the 1099-C.

Please visit this link and scroll down to see our Online versions and the forms they cover. https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp



Please review the entire article below, and additional links provided in it, as you may qualify for the Freedom Edition.
What is TurboTax Freedom Edition  and covered forms https://turbotax.intuit.com/modals/taxfreedom-forms/
https://ttlc.intuit.com/replies/3301359

NOTE: You will need to make a new account through the Freedom website or else it will continue to bring you back into your original TurboTax return and charge you for your federal & state.
Freedom Edition is available online at www.taxfreedom.com. Please note that the Freedom Edition website is not connected to the TurboTax.com website.
https://ttlc.intuit.com/replies/3301359
How do I switch to TurboTax Freedom Edition?
https://ttlc.intuit.com/replies/3491786

What's the difference between Freedom Edition and Federal Free Edition? https://ttlc.intuit.com/replies/4217412


Please help!!!!!

My AGI is under $33,000.....so do I have to include the info on the 1099-C?
JoceannaD
New Member

Please help!!!!!

Ok, great! Please review the following link. It will advise you regarding entering your 1099-C.
<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Forms/When-to-Use-Tax-Form-1099-C-for-Cancell...>
And use this if you are going to switch;  <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3491786">https://ttlc.intuit.com/replies/3491786</a>

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