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I would like an answer to the cancellation of debt question.

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Where does it go on...
I would like an answer to the cancellation of debt question. Where does it go on the 1120 besides on form 982?
Submitted: 2 years ago.Category: Tax
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Answered in 16 minutes by:
8/21/2015
Tax Professional: Lev, Tax Advisor replied 2 years ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,692
Experience: Taxes, Immigration, Labor Relations
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Hi and welcome to our site!
Are you eligible to exclude the FULL amount of cancelled debt on 982?
Or you are excluding only a part of that amount?
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