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?
Make a postAsk questions and learn more about your taxes and finances.
Arunabha
New Member
1c0bd3c32d82
New Member
Jamiers99
New Member
223ad398e851
New Member
sherrylt08
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.