Where in TurboTax are you posting the Form 1099-A Acquisition or Abandonment of Secured Property
TurboTax asks do you Have a 1099-A?
- If it's for personal property, such as a home or a car, you don't need to report it in your return.
- Keep this form for your records in case you get a 1099-C that indicates the debt has actually been forgiven.
- If it's for business or investment related property, such as a rental property or company car, please consult a professional, or
- see IRS publications 544 and 4681 before continuing.
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