Question

I received a letter of debt discharge for agreement what’s my next step

Forum|Forum|6 years ago
February 1, 2020
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TurboTax Deluxe Online

The sender of this letter will likely issue you a 1099-C, which will need to be reported on your return. You may or may not be eligible to exclude the amount on your 1099-C from income. This depends on multiple factors, and TurboTax will walk you through your options.

Was the debt discharged in 2019 or 2020?

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