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Level 2
July 26, 2022
Question

Add 1099-A form

  • July 26, 2022
  • 1 reply
  • 0 views
How do I add a 1099-A form to my turbotax?

1 reply

DoninGA
Level 15
Level 15
July 26, 2022

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.

Level 2
July 26, 2022

How to use 1099-A for the payment of tangible or intangible property such as personal vehicle?

DoninGA
Level 15
Level 15
July 26, 2022

@cuatito2323 wrote:

How to use 1099-A for the payment of tangible or intangible property such as personal vehicle?


As stated if the Form 1099-A was received for personal property, such as a vehicle, it is not reported on a tax return, keep for your records.  If you receive a Form 1099-C, Cancellation of Debt that is reported on a tax return.