Form 982

[SCORP2]

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.

[JohnW152]

You are exactly right.  Just provide a reasonable description, and you'll be fine.