New (tax) year, new help!
Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.
The following includes answers to common questions about Form 1099-C.
What is Form 1099-C and how does it affect my client's tax return?
What do I do if my client repaid a previously canceled debt that was included in income?
How does the amount of canceled debt to be included in income calculate?
Are any amounts entered in Screen 1099C reported on Form 982?
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