2018 UltraTax CS
The following includes answers to common questions about the deferral of income and deductions under Section 108(i).
Why is Section 108(i) income included in taxable income this year?
How is the amount of Section 108(i) that is included in taxable income this year determined?
Where do I enter information to defer the recognition of cancellation of debt income?
Where do I enter the portion of cancellation of debt income that is not being deferred?