Ask The Get Out of Debt Experts Tax Related

Should I File a Form 982 Over Forgiven TERI Student Loan Debts?

Written by Steve Rhode


Dear Steve,

Received 1099c March 23 2018 after 2017 taxes filed and received refund. I had filed bankruptcy in 1993 and listed creditor (TERI Student Loan) on bankruptcy. The loans were received in 1988 and 1990. They have never filed a court case and I have never paid.

Should I file IRS Form 982?



Dear Dan,

If you were insolvent at the end of 2017 then Form 982 can be your friend.

But since you’ve already filed you would need to file an amended return, I think?

Clearly, I’m not a tax expert and I would advise you to talk to a tax professional to determine the best course of events to deal with this.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

READ  What Do I Do With This IRS CP2000 Claim I Owe Tax On a Cancelled Debt?

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

1 Comment

Leave a Comment

Scroll to Top