IRS Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment) is a document you fill out to figure and request the exclusion of the amount of discharged debts from your gross income. It was created and issued by the Internal Revenue Service (IRS). The last revision of the form took place in March 2018. Download and complete the IRS Form 982 fillable version using the link provided below.
The situations when you would need to apply for a reduction of the taxes you have to pay on the forgiven debt and IRS Section 1082 basis adjustment include the following:
If any of the above-mentioned applies, fill out your form.