PattiF
Expert Alumni

Get your taxes done using TurboTax

This is generally an informational form and you do not need to enter this in your tax return. If Form 1099-A was issued related to personal property it is not included in your return. This is often issued by a lender that foreclosed on your timeshare. Hang on to this form and keep it with your tax records.

 

The information on this would be used if you got a 1099-A for business property or investment property like a rental, you would need to consult a tax professional.

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