Where Do I enter a Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982)?

Menu Path: Income > Uncommon Income > Canceled Debt (1099-C)

Enter on the Canceled Debt (1099-C) Information screen.

The FreeTaxUSA software will automatically calculate and print Form 982 if you need to report cancellation of debt income or if you have exclusions that make the cancellation of debt income not taxable.

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