| Government Form |
|
|||
|---|---|---|---|---|
| Worksheet | Section | Field | ||
| Name | General > Basic Data | General |
Corporation name Corporation name continued |
|
| Identifying number | General > Basic Data | General | Employer identification number | |
| Part I - General Information | ||||
| 1a | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Discharge if indebtedness in a Title 11 case | |
| 1b | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Discharge of indebtedness to the extent insolvent | |
| 1c | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Discharge of qualified farm indebtedness | |
| 1d | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Discharge of qualified real property business indebtedness | |
| 1e | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Discharge of qualified principal residence indebtedness | |
| 2 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Total amount of discharged indebtedness excluded from gross income | |
| 3 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Do you elect to treat all real property relating to property held for sale to customers in the ordinary course of a trade or business, as if it were depreciable property? | |
| Part II - Reduction of Tax Attributes | ||||
| Attachment (Section 1017) | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Transactions resulting in the reduction of basis under section 1017 | |
| 4 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | For a discharge of qualified real property business indebtedness, applied to reduce the basis of depreciable real property | |
| 5 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | That you elect under section 108(b)(5) to apply first to reduce the basis (under section 1017) of depreciable property | |
| 6 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce any net operating loss that occurred the tax year of the discharge or carried over to the tax year of the discharge | |
| 7 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce any general business credit carryover to or from the tax year of the discharge | |
| 8 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce any minimum tax credit as of the beginning of the tax year immediately after the tax year of the discharge | |
| 9 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce any net capital loss for the tax year of the discharge including any capital loss carryovers to the tax year of the discharge | |
| 10a | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce the basis of nondepreciable and depreciable property if not reduced previously under 108(b)(5) | |
| IF | ||||
| Box 1c is blank | ||||
| 10b | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce the basis of your principal residence | |
| IF | ||||
| Box 1e is checked | ||||
| 11a | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Depreciable property used or held for use in a trade or business, or for production of income, if not reduced previously under 108(b)(5) | |
| 11b | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Land used or held for use in a trade or business of farming | |
| 11c | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Other property used or held for use in a trade or business, or for the production of income | |
| 12 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce any passive activity loss and credit carryovers from the tax year of the discharge | |
| 13 | Other > 982 - Reduction of Tax Attributes Due to Discharge of Indebtedness | Reduction of Tax Attributes Due to Discharge of Indebtedness (Form 982) | Applied to reduce any foreign tax credit carryover to or from the tax year of the discharge | |
| Product Support - support.cch.com/axcess Customer Support Knowledge Base - support.cch.com/kb Customer Support Contacts - support.cch.com/contact |