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View Full Version : Form 982


jt9594
Mar 29, 2013, 09:06 PM
Can a form 982 be sent along with my return (requesting cancellation of debt) from a 1099-C (2008 debt lost job and car was given back $21k). Do I enter the figures or wait on the IRS to give me a ruling on the request?

AtlantaTaxExpert
Mar 29, 2013, 10:14 PM
RUN to a tax professional who has experience in filing Forms 1099-C to let him/her determine if filing Form 982 applies in your case. There are too many variables to consider to properly answer this question in this forum.