Yes. The cancelled debt can be combined and entered as one total for both of your Forms 1099-C. The form itself is not entered, only the total of your cancelled debt unless you also have debt cancelled on your main home loan. Review the debt that can be exclude from your income to see if your debt qualifies.
If you do have both types of debt, TurboTax explains that it cannot be handled if you look at the hyperlink 'Have both types of debt?'.
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