This year's ProSeries Form 1040 includes, under Schedule D, "Bad debt".  Unfortunately, the form is not constructed to include cases where the taxpayer is paying off a loan guarantee, which is classified as a Bad debt.  The need to fill in dates, rather than have the ability to simply click on "S" for "Short-term capital loss" is an oversight.  When I contacted ProSeries  I was told that ProSeries are not tax professionals, a poor excuse for something they should correct.