in Education
746426
You'll need to sign in or create an account to connect with an expert.
You should call the bank and ask if they intend to send you a 1099-A or 1099-C for debt forgiveness on the loan. There are circumstances where the bank does not do this, based on the sale amount they received and whether you were personally responsible for the loan, bu tit's always best to make sure.
You should call the bank and ask if they intend to send you a 1099-A or 1099-C for debt forgiveness on the loan. There are circumstances where the bank does not do this, based on the sale amount they received and whether you were personally responsible for the loan, bu tit's always best to make sure.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
anonymouse1
Level 5
in Education
annilin171420
New Member
meenakshimishra
Level 2
geraldstarling65
New Member
rodiy2k21
Returning Member