If I received a 1099c cancellation for my credit card debt but I filed for bankruptcy. Do I still need to file the paper on my taxes online?

[PatriciaV]

Yes, you need to include the information from Form 1099-C on your tax return. However, some or all of the amount in Box 2 could be exempt from taxes. TurboTax will help you determine what portion (if any) is taxable.

Even if you receive a Form 1099-C from a lender, you still may be able to avoid taxation on the forgiveness of a debt. If your debt was discharged in a Title 11 bankruptcy proceeding, such as a Chapter 7 or Chapter 13 case, you're not responsible for taxes on that debt.

For more information, see: 

• Tax Tips: 1099-C Cancellation of Debt
  
• How do I enter a 1099-C?