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college student graduated early Texas-B-on-Time/ got a 1099S 43,000 plus do i use form 982

naynay0328
Level 1

son received a 1099S - for having his college debt cancelled / he graduated early on  Texas-b-on-Time - 1099S was for 43,000.00 plus - do I use form 982 how do I negative it out

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2 Comments 2
PhoebeRoberts
Level 11
Level 11

Hi there,

You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Cheers!

 

qbteachmt
Level 15

You already asked this in April, here:

https://proconnect.intuit.com/community/lacerte-discussions/discussion/college-student-graduated-ear...

 

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