Find all needed information about Does Turbotax Support Form 982. Below you can see links where you can find everything you want to know about Does Turbotax Support Form 982.
https://ttlc.intuit.com/community/taxes/discussion/does-turbo-tax-support-filing-form-982-for-insolvency-i-will-be-receiving-a-1099-c-this-year-and-i/00/760153
Jun 07, 2019 · If you are using the CD or download TurboTax software, you can complete Form 982 for insolvency in forms mode, but there is essentially no help or guidance. You have to know what you're doing. That's why consulting a tax professional is recommended. In TurboTax Online there is no way to complete Form 982 for insolvency.
https://turbotax.intuit.com/personal-taxes/irs-forms/
Form 982 Reduction of Tax Attributes Due to Discharge of Indebtedness. ... TurboTax Help and Support: Access to a TurboTax specialist is included with TurboTax Deluxe, Premier, Self-Employed and TurboTax Live; not included with Free Edition (but is available as an upgrade). TurboTax specialists are available to provide general customer help and ...
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Jun 06, 2019 · TurboTax does not support Form 982 for insolvency. The screen where you enter Form 1099-C says the following. "In some situations, canceled debt can be excluded from taxable income. These situations might include bankruptcy, insolvency or natural disasters in …
https://ttlc.intuit.com/community/taxes/discussion/does-turbo-tax-offer-helping-with-form-982/00/127514
Does turbo tax offer helping with form 982 Under these circumstances and in order to file the Form 982, we generally recommend using the CD/Download version of TurboTax Deluxe or a higher edition. I notice that you are currently using our TurboTax online product.
https://www.irs.gov/forms-pubs/about-form-982
Jan 09, 2020 · Information about Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment), including recent updates, related forms, and instructions on how to file. Form 982 is used to find the discharged indebtedness amount that can be excluded from gross income.
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