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I did fill out the cancelled debt worksheet. What i entered o Form 1099-A flowed to Part 1 Section 5 of the cancelled debt worksheet. My issue is that unlike when you fill out From 1099-C (which has part to mark it is from bankruptcy (Box 6 identifiable code), there is no such box to mark on Form 1099-A. Which then makes it taxable and doesn't flow automatically to Form 982 (as it does for Form 1099-C)
There is a Part VI exclusion for bankruptcy on the cancelled debt worksheet. But, even if i override that on Box 37, the numbers still don't flow properly.
So do I have to fill out Part III on the cancelled debt worksheet (which would calculate the loss on sale, making the sale zero) and then fill out Form 982 manually?. Doesn't make sense to me.