Filing Your Taxes Online is Fast, Easy and Secure.
Start now and receive your tax refund in as little as 7 days.

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

Find tax credits for everything from school tuition to buying a hybri

3. E-File for FREE

E-file free with direct deposit to get your refund in as few as 7 days.

Filing your taxes with paper mail can be difficult and it could take weeks for your refund to arrive. IRS e-file is easy, fast and secure. There is no paperwork going to the IRS so tax refunds can be processed in as little as 7 days with direct deposit. As you prepare your taxes online, you can see your tax refund in real time.

FREE audit support and representation from an enrolled agent – NEW and only from H&R Block

How To File Amended Tax Return Turbotax

How To File For Self Employment On TaxesHow Do You Amend TaxesFree State Tax Preparation OnlineAmend A ReturnFederal Tax Forms 2012 EzIrs Gov EfileWww Irs Gov Eitc2011 1040ez1040ez Form BookletFree State File Tax ReturnIncome Tax Form 1040ez InstructionsAmend Federal Tax ReturnInstructions For Form 1040xFree File 1040ezIrs Tax Forms 2010How Do I File An Amended Tax Return1040x For DummiesState Taxes FormsHow To File An Amended Tax Return For 2012File 1040ez By Phone1040ez Tax Forms 2013Free Efile State TaxesHow Do I Amend My 2011 Tax ReturnIrs Gov Form 1040nrIncome Tax FilingIrs Gov1040ez Fillable Form1040nr Ez InstructionFree Tax HelpTaxes For UnemployedTax Act 2012 Login Return UserIrs Form 1040 EzFile 2012 Tax Return FreeAmend TaxesAmendment FormHow Do I Amend My 2011 Tax ReturnHow Do You Amend Your Taxes OnlinePrint Tax Form 1040xFederal Ez Tax Form 2012Turbo Tax 1040ez

How To File Amended Tax Return Turbotax

How to file amended tax return turbotax Index , Hardest Hit Fund and Emergency Homeowners' Loan Programs. How to file amended tax return turbotax , Form 1098. How to file amended tax return turbotax , How To Report, Form 1098. How to file amended tax return turbotax A Acquisition debt, Fully deductible interest. How to file amended tax return turbotax , Home Acquisition Debt, Part of home not a qualified home. How to file amended tax return turbotax Alimony, Divorced or separated individuals. How to file amended tax return turbotax Amortization Points, General Rule Appraisal fees, Amounts charged for services. How to file amended tax return turbotax Armed forces Housing allowance, Ministers' and military housing allowance. How to file amended tax return turbotax Assistance (see Tax help) Average mortgage balance, Average Mortgage Balance B Borrowers More than one, More than one borrower. How to file amended tax return turbotax Seller-paid points, treatment by buyer, Treatment by buyer. How to file amended tax return turbotax Business Average mortgage balance, total amount of interest otherwise allowable to each activity, Line 13 Mortgage proceeds used for, Mortgage proceeds used for business or investment. How to file amended tax return turbotax C Clergy Ministers' and military housing allowance, Ministers' and military housing allowance. How to file amended tax return turbotax Cooperative housing, Cooperative apartment owner. How to file amended tax return turbotax , Cooperative apartment owner. How to file amended tax return turbotax , Special Rule for Tenant-Stockholders in Cooperative Housing Corporations, Form 1098. How to file amended tax return turbotax Cost of home or improvements, Cost of home or improvements. How to file amended tax return turbotax Credits, Mortgage interest credit. How to file amended tax return turbotax D Date of mortgage, Date of the mortgage. How to file amended tax return turbotax Debt Choice to treat as not secured by home, Choice to treat the debt as not secured by your home. How to file amended tax return turbotax Grandfathered, Fully deductible interest. How to file amended tax return turbotax , Grandfathered Debt, Line-of-credit mortgage. How to file amended tax return turbotax Home acquisition, Fully deductible interest. How to file amended tax return turbotax , Home Acquisition Debt Home equity, Fully deductible interest. How to file amended tax return turbotax , Home Equity Debt Home equity only (Table 1), Home equity debt only. How to file amended tax return turbotax Not secured by home, Debt not secured by home. How to file amended tax return turbotax Secured, Secured Debt Deductions, Part I. How to file amended tax return turbotax Home Mortgage Interest, Hardest Hit Fund and Emergency Homeowners' Loan Programs. How to file amended tax return turbotax Home office, Office in home. How to file amended tax return turbotax Mortgage insurance premiums, Claiming your deductible mortgage insurance premiums. How to file amended tax return turbotax Points, General Rule, Claiming your deductible points. How to file amended tax return turbotax Deed preparation costs, Amounts charged for services. How to file amended tax return turbotax Divorced taxpayers, Divorced or separated individuals. How to file amended tax return turbotax , Acquiring an interest in a home because of a divorce. How to file amended tax return turbotax E Emergency Homeowners' Loan Program, Hardest Hit Fund and Emergency Homeowners' Loan Programs. How to file amended tax return turbotax Equity debt, Fully deductible interest. How to file amended tax return turbotax , Home Equity Debt, Fair market value (FMV). How to file amended tax return turbotax Equity debt only (Table 1), Home equity debt only. How to file amended tax return turbotax F Fair market value (FMV), Fair market value (FMV). How to file amended tax return turbotax Fees Appraisal, Amounts charged for services. How to file amended tax return turbotax Notaries, Amounts charged for services. How to file amended tax return turbotax Points (see Points) Figures (see Tables and figures) Form 1040, Schedule A, How To Report, Table 2. How to file amended tax return turbotax Where To Deduct Your Interest Expense Form 1040, Schedule C or C-EZ, Table 2. How to file amended tax return turbotax Where To Deduct Your Interest Expense Form 1040, Schedule E, Table 2. How to file amended tax return turbotax Where To Deduct Your Interest Expense Form 1040, Schedule F, Table 2. How to file amended tax return turbotax Where To Deduct Your Interest Expense Form 1098, Form 1098, Mortgage Interest Statement Mortgage insurance premiums, Form 1098. How to file amended tax return turbotax Form 8396, Mortgage interest credit. How to file amended tax return turbotax Free tax services, Free help with your tax return. How to file amended tax return turbotax G Grandfathered debt, Fully deductible interest. How to file amended tax return turbotax , Grandfathered Debt, Line-of-credit mortgage. How to file amended tax return turbotax Ground rents, Redeemable ground rents. How to file amended tax return turbotax H Hardest Hit Fund Program, Hardest Hit Fund and Emergency Homeowners' Loan Programs. How to file amended tax return turbotax Help (see Tax help) Home, Publication 936 - Introductory Material Acquisition debt, Fully deductible interest. How to file amended tax return turbotax , Home Acquisition Debt Construction, Home under construction. How to file amended tax return turbotax Cost of, Cost of home or improvements. How to file amended tax return turbotax Destroyed, Home destroyed. How to file amended tax return turbotax Divided use, Divided use of your home. How to file amended tax return turbotax , Part of home not a qualified home. How to file amended tax return turbotax , Part of home not a qualified home. How to file amended tax return turbotax Equity debt, Fully deductible interest. How to file amended tax return turbotax , Home Equity Debt Equity debt only (Table 1), Home equity debt only. How to file amended tax return turbotax Fair market value, Fair market value (FMV). How to file amended tax return turbotax Grandfathered debt, Fully deductible interest. How to file amended tax return turbotax , Grandfathered Debt, Line-of-credit mortgage. How to file amended tax return turbotax Improvement loan, points, Home improvement loan. How to file amended tax return turbotax Main, Main home. How to file amended tax return turbotax Office in, Office in home. How to file amended tax return turbotax Qualified, Qualified Home Renting out part of, Renting out part of home. How to file amended tax return turbotax Sale of, Sale of home. How to file amended tax return turbotax Second, Second home. How to file amended tax return turbotax Time-sharing arrangements, Time-sharing arrangements. How to file amended tax return turbotax Housing allowance Ministers and military, Ministers' and military housing allowance. How to file amended tax return turbotax I Improvements Cost of, Cost of home or improvements. How to file amended tax return turbotax Home acquisition debt, Mortgage treated as used to buy, build, or improve home. How to file amended tax return turbotax Points, Home improvement loan. How to file amended tax return turbotax Substantial, Substantial improvement. How to file amended tax return turbotax Interest, Part I. How to file amended tax return turbotax Home Mortgage Interest (see also Mortgage interest) Interest rate method, Interest paid divided by interest rate method. How to file amended tax return turbotax Refunded, Refunds of interest. How to file amended tax return turbotax , Refunded interest. How to file amended tax return turbotax Where to deduct, Table 2. How to file amended tax return turbotax Where To Deduct Your Interest Expense Investments Average mortgage balance and total amount of interest allowable, Line 13 Mortgage proceeds used for, Mortgage proceeds invested in tax-exempt securities. How to file amended tax return turbotax , Mortgage proceeds used for business or investment. How to file amended tax return turbotax J Joint returns, Married taxpayers. How to file amended tax return turbotax L Lender mortgage statements, Statements provided by your lender. How to file amended tax return turbotax Limits Cooperative housing, mortgage interest deduction, Limits on deduction. How to file amended tax return turbotax Deductibility of mortgage insurance premiums, Limit on deduction. How to file amended tax return turbotax Deductibility of points, Limits on deduction. How to file amended tax return turbotax Home acquisition debt, Home acquisition debt limit. How to file amended tax return turbotax Home equity debt, Home equity debt limit. How to file amended tax return turbotax Home mortgage interest deduction, Form 1098. How to file amended tax return turbotax Qualified loan limit, Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax , Average Mortgage Balance Line-of-credit mortgage, Line-of-credit mortgage. How to file amended tax return turbotax Loans, Mortgage proceeds used for business or investment. How to file amended tax return turbotax , Mortgage treated as used to buy, build, or improve home. How to file amended tax return turbotax (see also Mortgages) Home improvement, points, Home improvement loan. How to file amended tax return turbotax Qualified loan limit, Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax M Main home, Main home. How to file amended tax return turbotax Married taxpayers, Married taxpayers. How to file amended tax return turbotax Military housing allowance, Ministers' and military housing allowance. How to file amended tax return turbotax Ministers' housing allowance, Ministers' and military housing allowance. How to file amended tax return turbotax Missing children, photographs of, Reminders Mixed-use mortgages, Mixed-use mortgages. How to file amended tax return turbotax Mortgage insurance premiums Claiming deductible, Claiming your deductible mortgage insurance premiums. How to file amended tax return turbotax Mortgage interest, Publication 936 - Introductory Material, Part I. How to file amended tax return turbotax Home Mortgage Interest Cooperative housing, Figuring deductible home mortgage interest. How to file amended tax return turbotax Credit, Mortgage interest credit. How to file amended tax return turbotax Fully deductible interest, Fully deductible interest. How to file amended tax return turbotax Home mortgage interest, Part I. How to file amended tax return turbotax Home Mortgage Interest, Hardest Hit Fund and Emergency Homeowners' Loan Programs. How to file amended tax return turbotax How to report, How To Report Late payment charges, Late payment charge on mortgage payment. How to file amended tax return turbotax Limits on deduction, Part II. How to file amended tax return turbotax Limits on Home Mortgage Interest Deduction Ministers' and military housing allowance, Ministers' and military housing allowance. How to file amended tax return turbotax Prepaid interest, Prepaid interest. How to file amended tax return turbotax , Prepaid interest on Form 1098. How to file amended tax return turbotax Prepayment penalty, Mortgage prepayment penalty. How to file amended tax return turbotax Refunds, Refunds of interest. How to file amended tax return turbotax , Refunded interest. How to file amended tax return turbotax Sale of home, Sale of home. How to file amended tax return turbotax Special situations, Special Situations Statement, Form 1098, Mortgage Interest Statement Where to deduct, Table 2. How to file amended tax return turbotax Where To Deduct Your Interest Expense Worksheet to figure (Table 1), Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax Mortgages Assistance payments (under sec. How to file amended tax return turbotax 235 of National Housing Act), Mortgage assistance payments under section 235 of the National Housing Act. How to file amended tax return turbotax Average balance, Average Mortgage Balance Date of, Date of the mortgage. How to file amended tax return turbotax Ending early, Mortgage ending early. How to file amended tax return turbotax Late qualifying, Mortgage that qualifies later. How to file amended tax return turbotax Line-of-credit, Line-of-credit mortgage. How to file amended tax return turbotax Mixed-use, Mixed-use mortgages. How to file amended tax return turbotax Preparation costs for note or deed of trust, Amounts charged for services. How to file amended tax return turbotax Proceeds invested in tax-exempt securities, Mortgage proceeds invested in tax-exempt securities. How to file amended tax return turbotax Proceeds used for business, Mortgage proceeds used for business or investment. How to file amended tax return turbotax Proceeds used for investment, Mortgage proceeds used for business or investment. How to file amended tax return turbotax Qualified loan limit, Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax , Average Mortgage Balance Refinanced, Refinancing. How to file amended tax return turbotax , Refinanced home acquisition debt. How to file amended tax return turbotax , Refinanced grandfathered debt. How to file amended tax return turbotax Reverse, Reverse mortgages. How to file amended tax return turbotax Statements provided by lender, Statements provided by your lender. How to file amended tax return turbotax To buy, build, or improve, Mortgage treated as used to buy, build, or improve home. How to file amended tax return turbotax Wraparound, Wraparound mortgage. How to file amended tax return turbotax N Nonredeemable ground rents, Nonredeemable ground rents. How to file amended tax return turbotax Notary fees, Amounts charged for services. How to file amended tax return turbotax O Office in home, Office in home. How to file amended tax return turbotax P Penalties Mortgage prepayment, Mortgage prepayment penalty. How to file amended tax return turbotax Points, Points, Deduction Allowed in Year Paid, Form 1098. How to file amended tax return turbotax Claiming deductible, Claiming your deductible points. How to file amended tax return turbotax Exception to general rule, Deduction Allowed in Year Paid Excess, Excess points. How to file amended tax return turbotax Funds provided less than, Funds provided are less than points. How to file amended tax return turbotax General rule, General Rule Home improvement loans, Home improvement loan. How to file amended tax return turbotax Seller paid, Points paid by the seller. How to file amended tax return turbotax Prepaid interest, Prepaid interest. How to file amended tax return turbotax , Prepaid interest on Form 1098. How to file amended tax return turbotax Prepayment penalties, Mortgage prepayment penalty. How to file amended tax return turbotax Publications (see Tax help) Q Qualified homes, Qualified Home Qualified loan limit Average mortgage balance, Average Mortgage Balance Worksheet to figure (Table 1), Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax R Redeemable ground rents, Redeemable ground rents. How to file amended tax return turbotax Refinancing, Refinancing. How to file amended tax return turbotax Grandfathered debt, Refinanced grandfathered debt. How to file amended tax return turbotax Home acquisition debt, Refinanced home acquisition debt. How to file amended tax return turbotax Refunds, Refunds of interest. How to file amended tax return turbotax , Refunded interest. How to file amended tax return turbotax Rent Nonredeemable ground rents, Nonredeemable ground rents. How to file amended tax return turbotax Redeemable ground rents, Redeemable ground rents. How to file amended tax return turbotax Rental payments, Rental payments. How to file amended tax return turbotax Renting of home Part of, Renting out part of home. How to file amended tax return turbotax Time-sharing arrangements, Rental of time-share. How to file amended tax return turbotax Repairs, Substantial improvement. How to file amended tax return turbotax Reverse Mortgages, Reverse mortgages. How to file amended tax return turbotax S Sale of home, Sale of home. How to file amended tax return turbotax Second home, Second home. How to file amended tax return turbotax , Deduction Allowed in Year Paid Secured debt, Secured Debt Seller-paid points, Points paid by the seller. How to file amended tax return turbotax Separate returns, Separate returns. How to file amended tax return turbotax Separated taxpayers, Divorced or separated individuals. How to file amended tax return turbotax Spouses, Married taxpayers. How to file amended tax return turbotax Statements provided by lender, Statements provided by your lender. How to file amended tax return turbotax Stock Cooperative housing, Stock used to secure debt. How to file amended tax return turbotax T Tables and figures Deductible home mortgage interest Fully deductible, determination of (Figure A), Fully deductible interest. How to file amended tax return turbotax How to figure (Table 1), Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax Mortgage to buy, build, or improve home (Figure C), Mortgage treated as used to buy, build, or improve home. How to file amended tax return turbotax Points (Figure B), Points Qualified loan limit worksheet (Table 1), Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax Tax credits, Mortgage interest credit. How to file amended tax return turbotax Tax help, How To Get Tax Help Tax-exempt securities Mortgage proceeds invested in, Mortgage proceeds invested in tax-exempt securities. How to file amended tax return turbotax Time-sharing arrangements, Time-sharing arrangements. How to file amended tax return turbotax V Valuation Fair market value, Fair market value (FMV). How to file amended tax return turbotax W Worksheets Deductible home mortgage interest, Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax Qualified loan limit, Table 1. How to file amended tax return turbotax Worksheet To Figure Your Qualified Loan Limit and Deductible Home Mortgage Interest For the Current Year See the Table 1 Instructions. How to file amended tax return turbotax Wraparound mortgages, Wraparound mortgage. How to file amended tax return turbotax Prev  Up     Home   More Online Publications
Español

Government Benefits, Grants, and Financial Aid

Learn how to get benefits from the government and browse popular benefits by topic.

Free Money from the Government

Many people have heard that the government will give you money for almost any reason. This is not true.

You must complete an application and meet specific eligibility requirements in order to receive financial assistance from the government.

Benefits.gov can help you determine which types of government assistance you might qualify for and tell you where to apply.

Back to Top

Benefits.gov can help you identify grants, loans, financial aid, and other benefits from the federal government, determine if you are eligible, and then tell you how and where to apply.

When looking for financial assistance, remember that there are differences between grants and loans. You are required to pay back a loan, often with interest. You are not required to pay back a grant.

Your state's human service or social service agency might also be able to provide financial assistance or refer you to local community organizations for help.

Grants

There are very few grants available to individuals, sometimes called “personal grants.” The best place to find money to help you and your family is Benefits.gov.

Most grants are awarded to universities, researchers, cities, states, counties, and non-profit organizations. You can find grants for organizations at Grants.gov.

Loans

GovLoans.gov can help you find loans from the government including business and education loans. You are required to pay back loans, often with interest.

Back to Top

Most Popular Benefits by Topic

Especially for Specific Audiences

Agricultural and Rural Assistance

Back to Top

The How To File Amended Tax Return Turbotax

How to file amended tax return turbotax Publication 4681 - Introductory Material Table of Contents Reminder IntroductionOrdering forms and publications. How to file amended tax return turbotax Tax questions. How to file amended tax return turbotax Useful Items - You may want to see: Common Situations Covered In This Publication Reminder Future Developments. How to file amended tax return turbotax  Information about any future developments affecting Publication 4681 (such as legislation enacted after we release it) will be posted at www. How to file amended tax return turbotax irs. How to file amended tax return turbotax gov/pub4681. How to file amended tax return turbotax Photographs of missing children. How to file amended tax return turbotax   The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. How to file amended tax return turbotax Photographs of missing children selected by the Center may appear in this publication on pages that otherwise would be blank. How to file amended tax return turbotax You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. How to file amended tax return turbotax Introduction This publication explains the federal tax treatment of canceled debts, foreclosures, repossessions, and abandonments. How to file amended tax return turbotax Generally, if you owe a debt to someone else and they cancel or forgive that debt for less than its full amount, you are treated for income tax purposes as having income and may have to pay tax on this income. How to file amended tax return turbotax Note. How to file amended tax return turbotax This publication generally refers to debt that is canceled, forgiven, or discharged for less than the full amount of the debt as “canceled debt. How to file amended tax return turbotax ” Sometimes a debt, or part of a debt, that you do not have to pay is not considered canceled debt. How to file amended tax return turbotax These exceptions are discussed later under Exceptions . How to file amended tax return turbotax Sometimes a canceled debt may be excluded from your income. How to file amended tax return turbotax But if you do exclude canceled debt from income, you may be required to reduce your “tax attributes. How to file amended tax return turbotax ” These exclusions and the reduction of tax attributes associated with them are discussed later under Exclusions . How to file amended tax return turbotax Foreclosure and repossession are remedies that your lender may exercise if you fail to make payments on your loan and you have previously granted that lender a mortgage or other security interest in some of your property. How to file amended tax return turbotax These remedies allow the lender to seize or sell the property securing the loan. How to file amended tax return turbotax When your property is foreclosed upon or repossessed and sold, you are treated as having sold the property and you may recognize taxable gain. How to file amended tax return turbotax Whether you also recognize income from canceled debt depends in part on whether you are personally liable for the debt and in part on whether the outstanding loan balance is more than the fair market value (FMV) of the property. How to file amended tax return turbotax Figuring your gain or loss and income from canceled debt arising from a foreclosure or repossession is discussed later under Foreclosures and Repossessions . How to file amended tax return turbotax Generally, you abandon property when you voluntarily and permanently give up possession and use of property you own with the intention of ending your ownership but without passing it on to anyone else. How to file amended tax return turbotax Figuring your gain or loss and income from canceled debt arising from an abandonment is discussed later under Abandonments . How to file amended tax return turbotax This publication also includes detailed examples with filled-in forms. How to file amended tax return turbotax Comments and suggestions. How to file amended tax return turbotax    We welcome your comments about this publication and your suggestions for future editions. How to file amended tax return turbotax   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. How to file amended tax return turbotax NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. How to file amended tax return turbotax Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. How to file amended tax return turbotax   You can send your comments from www. How to file amended tax return turbotax irs. How to file amended tax return turbotax gov/formspubs. How to file amended tax return turbotax Click on “More Information” and then on “Comment on Tax Forms and Publications”. How to file amended tax return turbotax   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. How to file amended tax return turbotax Ordering forms and publications. How to file amended tax return turbotax    Visit www. How to file amended tax return turbotax irs. How to file amended tax return turbotax gov/formspubs to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. How to file amended tax return turbotax Internal Revenue Service 1201 N. How to file amended tax return turbotax Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. How to file amended tax return turbotax    If you have a tax question, check the information available on IRS. How to file amended tax return turbotax gov or call 1-800-829-1040. How to file amended tax return turbotax We cannot answer tax questions sent to either of the above addresses. How to file amended tax return turbotax Useful Items - You may want to see: Publication 225 Farmer's Tax Guide 334 Tax Guide for Small Business (For Individuals Who Use Schedule C or C-EZ) 523 Selling Your Home 525 Taxable and Nontaxable Income 536 Net Operating Losses (NOLs) for Individuals, Estates, and Trusts 542 Corporations 544 Sales and Other Dispositions of Assets 551 Basis of Assets 908 Bankruptcy Tax Guide Form (and Instructions) 982 Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment) 1099-C Cancellation of Debt 1099-DIV Dividends and Distributions 3800 General Business Credit Common Situations Covered In This Publication The sections of this publication that apply to you depend on the type of debt canceled, the tax attributes you have, and whether or not you continue to own the property that was subject to the debt. How to file amended tax return turbotax Some examples of common circumstances are provided in the following paragraphs to help guide you through this publication. How to file amended tax return turbotax These examples do not cover every situation but are intended to provide general guidance for the most common situations. How to file amended tax return turbotax Nonbusiness credit card debt cancellation. How to file amended tax return turbotax    If you had a nonbusiness credit card debt canceled, you may be able to exclude the canceled debt from income if the cancellation occurred in a title 11 bankruptcy case or you were insolvent immediately before the cancellation. How to file amended tax return turbotax You should read Bankruptcy or Insolvency under Exclusions in chapter 1 to see if you can exclude the canceled debt from income under one of those provisions. How to file amended tax return turbotax If you can exclude part or all of the canceled debt from income, you should also read Bankruptcy and Insolvency under Reduction of Tax Attributes in chapter 1. How to file amended tax return turbotax Personal vehicle repossession. How to file amended tax return turbotax    If you had a personal vehicle repossessed and disposed of by the lender during the year, you will need to determine your gain or nondeductible loss on the disposition. How to file amended tax return turbotax This is explained in chapter 2 . How to file amended tax return turbotax If the lender also canceled all or part of the remaining amount of the loan, you may be able to exclude the canceled debt from income if the cancellation occurred in a title 11 bankruptcy case or you were insolvent immediately before the cancellation. How to file amended tax return turbotax You should read Bankruptcy or Insolvency under Exclusions in chapter 1 to see if you can exclude the canceled debt from income under one of those provisions. How to file amended tax return turbotax If you can exclude part or all of the canceled debt from income, you should also read Bankruptcy and Insolvency under Reduction of Tax Attributes in chapter 1. How to file amended tax return turbotax Main home foreclosure or abandonment. How to file amended tax return turbotax    If a lender foreclosed on your main home during the year, you will need to determine your gain or loss on the foreclosure. How to file amended tax return turbotax Foreclosures are explained in chapter 2 and abandonments are explained in chapter 3. How to file amended tax return turbotax If the lender also canceled all or part of the remaining amount on the mortgage loan and you were personally liable for the debt, you should also read Qualified Principal Residence Indebtedness under Exclusions in chapter 1 to see if you can exclude part or all of the canceled debt from income. How to file amended tax return turbotax Detailed Example 2 and Example 3 in chapter 4 use filled-in forms to help explain these provisions. How to file amended tax return turbotax Main home loan modification (workout agreement). How to file amended tax return turbotax    If a lender agrees to a mortgage loan modification (a “workout”) that includes a reduction in the principal balance of the loan, you should read Qualified Principal Residence Indebtedness under Exclusions in chapter 1 to see if you can exclude part or all of the canceled debt from income. How to file amended tax return turbotax If you can exclude part or all of the canceled debt from income, you should also read Qualified Principal Residence Indebtedness under Reduction of Tax Attributes in chapter 1. How to file amended tax return turbotax Detailed Example 1 in chapter 4 uses filled-in forms to help explain the tax implications of a mortgage workout scenario. How to file amended tax return turbotax Prev  Up  Next   Home   More Online Publications