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

[TaxMonkey · Accepted solution]

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.

[George4Tacks]

Start here https://accountants-community.intuit.com/articles/1861135-reporting-form-1099-a-on-an-individual-ret... there are other links that might help.