Insolvency Worksheet Form 982 - Check entries on canceled debt worksheet. After you enter the info from it, we'll determine if the forgiven debt qualifies. Instructions for filling out form 982 can be found in irs publication 4681, including the insolvency worksheet the irs provides for. Form 982 is used to report the exclusion of income and the reduction of tax attributes due to the discharge of indebtedness.
Instructions for filling out form 982 can be found in irs publication 4681, including the insolvency worksheet the irs provides for. After you enter the info from it, we'll determine if the forgiven debt qualifies. Check entries on canceled debt worksheet. Form 982 is used to report the exclusion of income and the reduction of tax attributes due to the discharge of indebtedness.