Form 1099-C - Entering Cancellation of Debt in Program
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To enter or review the information from IRS Form 1099-C Cancellation of Debt into the TaxAct® program:
From within your TaxAct return (Online or Desktop) click on the Federal tab. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal
Click Other Income to expand the category and then click Cancellation of Debt (Form 1099-C)
Click Add to create a new copy of the form or click Review to review a form already created
The program will proceed with the interview questions for you to enter or review the appropriate information
Your request has been submitted
You have been successfully added to the TaxAct Do Not Sell list.