At the bottom of the form it states:
"Note: You must attach a description of the transactions resulting in the nonrecognition of gain under section 1081"
I am using reason 1d, exclusion of a forgiveness of debt on a business property.
Do I list the information from the 1099-C and what property I reduced the basis, and how much, or what exactly are they asking for and how could it look like? I haven't seen any examples.
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