I don't have any cancelled debt. Form 982 is blank but every time i erase it TT gives me this flag that my return has a high risk of audit because of my cancelled debt. I HAVE NO CANCELLED DEBT.
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If the warning does not apply to your return, ignore it.
Always print a copy of your completed tax return for your records, and review it carefully before e-Filing.
You will need it if you are audited by the IRS, or to amend because a TurboTax update changes your return.
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