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June 5, 2019
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Do i have to add my 1099 c to my income if the canceled debt was for my primary residence

  • June 5, 2019
  • 1 reply
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Best answer by MichaelL1

Yes, you still need to report it 

EDITED 1/18/2017 --The provision to exclude it from income on a personal residence ended with return prior to 1/1/2017.

See below for more detail and super user comment is correct.

https://ttlc.intuit.com/replies/5404105

1 reply

MichaelL1
MichaelL1Answer
Employee
June 5, 2019

Yes, you still need to report it 

EDITED 1/18/2017 --The provision to exclude it from income on a personal residence ended with return prior to 1/1/2017.

See below for more detail and super user comment is correct.

https://ttlc.intuit.com/replies/5404105

Employee
June 5, 2019
@TurboTaxMichaelL1  Why do you think it can be excluded?
<a rel="nofollow" target="_blank" href="https://www.irs.gov/taxtopics/tc431">https://www.irs.gov/taxtopics/tc431</a>