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ken-foley
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When submitting Form 982 with full insolvency is the Cancelled Debt Worksheet also required to be submitted?

 
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When submitting Form 982 with full insolvency is the Cancelled Debt Worksheet also required to be submitted?

It does not have to be submitted with the tax return but be sure to keep a copy with any documents that you can use to support the calculations in case the IRS requests it.

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3 Replies

When submitting Form 982 with full insolvency is the Cancelled Debt Worksheet also required to be submitted?

It does not have to be submitted with the tax return but be sure to keep a copy with any documents that you can use to support the calculations in case the IRS requests it.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ken-foley
New Member

When submitting Form 982 with full insolvency is the Cancelled Debt Worksheet also required to be submitted?

Thank you for help!!

When submitting Form 982 with full insolvency is the Cancelled Debt Worksheet also required to be submitted?

My pleasure, please ask if you have any other questions.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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