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Hi I received a 1099A for abandonment of a Vacation Timeshare. The principal balance was 29268 and the Fair market value was 45525. Do I need to report on Schedule D?
evelyncooper41
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Hi I received a 1099A for abandonment of a Vacation Timeshare. The principal balance was 29268 and the Fair market value was 45525. Do I need to report on Schedule D?
Im trying to see if this represents a Capital Gain or Loss and if so how much?
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TurboTax Online
March 27, 2022
3:51 PM
