What is the name of your state? Ohio
I received a 1099C for a paid off credit card. I am trying to do taxes on Turbo Tax, as I have done for a couple years now. However, when it comes to including the information on the form, I am unsure of how to enter it. Turbo Tax has a space for additional income- where it asks about 1099 forms, but it does not ask when it was canceled, nor does it ask anything except the total debt cancelled.
Can anyone offer me a tidbit of help? What do I do with the 1099 form I got in the mail? Is there something additional I need to fill out?
Thanks much!
Miss C
I received a 1099C for a paid off credit card. I am trying to do taxes on Turbo Tax, as I have done for a couple years now. However, when it comes to including the information on the form, I am unsure of how to enter it. Turbo Tax has a space for additional income- where it asks about 1099 forms, but it does not ask when it was canceled, nor does it ask anything except the total debt cancelled.
Can anyone offer me a tidbit of help? What do I do with the 1099 form I got in the mail? Is there something additional I need to fill out?
Thanks much!
Miss C