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February 3, 2022
Question

1099C WORK SHEET SAYS PART II IS SECURED PROPERTY BUT ITS NOT ITS A CREDIT CARD WHAT DO I DO ?

  • February 3, 2022
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1 reply

February 3, 2022

If your 1099-C worksheet shows your credit card as secured property but it's not, the easiest thing to do is delete the 1099-C form and re-enter it. You may have indicated that it was.

 

  1. On the Tell us about your canceled debt screen, select the second option, I received a 1099-C for another type of debt, including a credit card, a car loan, a loan modification, or a mortgage on a second home.
  2. On the Is This for Personal Debt? screen, select the first option, Yes, I received a 1099-C for personal debt, such as a credit card, a car loan, or a mortgage on a second home.
  3. Continue with the onscreen interview until complete.

 

 Additional information:

  • If you're using TurboTax Online software and need to delete a form, click here.
  • If you're using TurboTax CD\Download software and need to delete a form, click here
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