college student graduated early Texas-B-on-Time/ got a 1099S 43,000 plus do i use form 982

naynay0328 · ‎06-10-2020

son received a 1099S - for having his college debt cancelled / he graduated early on Texas-b-on-Time - 1099S was for 43,000.00 plus - do I use form 982 how do I negative it out

PhoebeRoberts · ‎06-10-2020

Hi there,

You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Cheers!

qbteachmt · ‎06-10-2020

You already asked this in April, here:

https://proconnect.intuit.com/community/lacerte-discussions/discussion/college-student-graduated-ear...

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college student graduated early Texas-B-on-Time/ got a 1099S 43,000 plus do i use form 982

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