what is a 1098C credit

[patlowe68]

how do I input a 1098-C credit on my return

[JohnB5677]

A 1099-C reflects a cancelation of debt.  

If you have dept that a bank or credit card company has forgiven the IRS considers it income and it may be taxable.

To post the 1099-C please follow these steps

1. Select Tax Tools
2. You may have to minimize the Federal and State sections
3. On the drop-down select Tools
4. There will be 3 green boxes
5. Select Topics Search
6. Type the form number or a topic.
7. 1099-C
8. Continue through the questions.

Now follow the interview.

Read all questions carefully