turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Need help with 1099c cancellation of debt

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Need help with 1099c cancellation of debt

To enter your 1099-C:

  1. Go to Tax Tools > Tools > Topic Search
  2. Type 1099-C or 1099C in the topic search and then click Go.
  3. Select the type of cancelled debt (main home or other) and then click Continue.
  4. Follow the onscreen instructions to enter information from your 1099-C.

Note: We don't support both types of canceled debt if they were both reported on 1099-C. In this uncommon situation, refer to IRS publications 544 and 4681 before proceeding, or consult with a professional tax preparer.


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question