Form 982 TurboTax | How To File It & General Instructions
Form 982 TurboTax is used to reduce your tax basis or costs. Form 982 is named Reduction of Tax Attributes Due to Discharge of Indebtedness. It is used to report the canceled debt amount to exclude it from taxable income. You can use the TurboTax Deluxe or a higher edition to file IRS form 982. …
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