Skip to main content
March 10, 2025
Question

why can't I locate "Discharge of Indebtedness" in my Other Deductions and Credits category?

  • March 10, 2025
  • 1 reply
  • 0 views
Why can't I locate "Discharge of Indebtedness" in my Other Deductions and Credits category? I want to file a form 982.

1 reply

SharonD007
March 10, 2025

Follow the instructions in the TurboTax article How do I report excludable (non-taxable) canceled debt? to add Form 982 to your tax return. You will to select the type of debt you are excluding from your income.

 

Refer to the TurboTax articles When to Use Tax Form 1099-C for Cancellation of Debt and  Guide to Debt Cancellation and Your Taxes for more information.

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