Forms 1099A and 1099C. A lender who ac- quires an interest in your property in a foreclo- sure or repossession should send you Form.The canceled debt is income in the tax year that it was canceled, and you will need to file an amended return to report the income and pay tax. I'm lost filling out the Form 982 for a repossessed vehicle. I've entered the amount in part 1b to try to get it. For a fiscal or short tax year return, fill in the tax year space at the top of the form. Standard Licensing Forms, New, Renewal, Replacement Data Form (Permit, Class O, Class M, State ID card), New, Renewal, Replacement CDL Data Form. Personal property in a repossessed automobile. For a fiscal or short tax year return, fill in the tax year space at the top of the form. The MV-327 form, also known as the Notice of Repossession of a Motor Vehicle or Motorcycle, serves as a critical document in this procedure.