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If I received a 1099-A, I should fill out the 982 Part I 1b if I am insolved with more lialilities than assets, do I have to send another form as schedule D

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Form 982 has nothing to do with 1099-A.


A foreclosure or abandonment is a sale.  It is not cancellation of debt.  Often the two are related, but not always.

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Form 982 has nothing to do with 1099-A.


A foreclosure or abandonment is a sale.  It is not cancellation of debt.  Often the two are related, but not always.

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