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Level 2

1099-a

I have a loss on a form 1099-A personal house foreclosure,  How do I claim this loss in Turbo Tax,

1 Comment
Employee TurboTax Specialist

1099-a

Since the 1099-A was for personal use property, you don't need to report it on your tax return. Also, you cannot deduct a personal loss on your tax return. 

 

For more information, please see the following FAQs:

What do I do with Form 1099-A?

I sold my home at a loss. Is this deductible?