George4Tacks
Level 15

982 will be applicable to CA as well as IRS. https://proconnect.intuit.com/community/help-articles/help/generating-form-982-reduction-of-tax-attr...

Note that the discharge does NOT flow to 1040, so you need to enter another "other income" item such as "Insolvency Form 982" and a negative number to indicate the amount.

 


Here's wishing you many Happy Returns