Get the free Instructions for Form 982 (03/2018)Internal Revenue Service
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What is instructions for form 982?
Instructions for Form 982 provide guidance on how to report the reduction or elimination of tax attributes due to the discharge of indebtedness.
Who is required to file instructions for form 982?
Taxpayers who have had their debt forgiven or cancelled and are claiming an exclusion or exception under the Internal Revenue Code are required to file instructions for Form 982.
How to fill out instructions for form 982?
Instructions for Form 982 can be filled out by following the step-by-step guidance provided in the form itself. Taxpayers should accurately report all necessary information related to the discharged debt and applicable exclusions or exceptions.
What is the purpose of instructions for form 982?
The purpose of instructions for Form 982 is to assist taxpayers in correctly reporting the discharge of indebtedness and claiming any exclusions or exceptions available under the tax law.
What information must be reported on instructions for form 982?
Taxpayers must report detailed information about the discharged debt, any applicable exclusions or exceptions being claimed, and calculations related to the reduction or elimination of tax attributes.
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