Anonymous
Not applicable

Deductions & credits

if you do nothing the IRS will include this in income, don't know your 2017 tax situation so don't know what effect this would have.  I would say you're better off amending.  

 

here's a link to form 982 instructions.  if you don't understand them you can post your questions back in this thread.  it may be difficult to give a proper answer because we don't  have any info. you might be better off seeing a pro.

https://www.irs.gov/pub/irs-pdf/i982.pdf