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

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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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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!

 

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Level 12

You already asked this in April, here:

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

 

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