1040-US: Screen 982, Attributes Available column

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Question

What information does the Attributes Available column in Screen 982 provide?

Answer

If you enter X in the Display available credits and carryovers field in Screen 982, the available tax attributes that can be reduced displays. Perform a File > Print or File > Preview before marking this box to accurately calculate the available credits and carryovers.

Form 982 completes based on the data entered in the Screen 982. Enter excluded gross income amounts following the ordering rules located in IRS Publication 4681, Canceled Debts, Foreclosures, Repossessions and Abandonments.

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