Using Form 982 to Omit IRS Cancellation of Financial Obligation Earnings, from the Taxpayer Supporter Service
Utilizing Type 982 to Exclude IRS Cancellation of Debt Income, from the Taxpayer Advocate Service

< iframe width="480" height="320" src="" frameborder="0" allowfullscreen >< img style="float: left; margin:0 5px 5px 0;" src=""/ > This message is from Nina Olson, the National Taxpayer Advocate and your voice at the IRS. It is among a series of videos with consumer tax suggestions about important tax issues you might be dealing with. This series focuses on the issue of cancellation of financial obligation. Using Kind 982, Decrease of Tax Attributes Due to Release of Indebtedness is talked about in this video. The Taxpayer Supporter Service (TAS), an independent organization within the IRS, is Your Voice at the Internal Revenue Service. TAS helps taxpayers resolve problems with the IRS and suggests modifications that will prevent the problems. For additional info, please visit To find out more about TAS, and your rights and duties as a taxpayer, visit our website at The Internal Revenue Service YouTube Channel can be discovered at: (This video is closed captioned.)