Tax Year Prior to 2020: Selling expenses question on foreclosed home

julifine28 — Wed, 03 May 2023 20:40:44 GMT

It's asking for the selling expenses for a home that was foreclosed on. I only received a 1099-A from my lender which doesn't have much info on it. What do I enter? I can't file without this info.

You can enter a 0 (zero) for selling expenses. That said...

KarenL2 — Sat, 01 Jun 2019 03:15:11 GMT

You can enter a 0 (zero) for selling expenses. That said, if it was your primary residence, and you didn't rent it or use it for business, you might not need to report your 1099-A. (see below) Hang onto it though, as you might need information from it if you also receive a 1099-C - Cancellation of Debt.

What do I do with Form 1099-A?

https://ttlc.intuit.com/replies/3299944

topic Tax Year Prior to 2020: Selling expenses question on foreclosed home in Deductions & credits

Tax Year Prior to 2020: Selling expenses question on foreclosed home

You can enter a 0 (zero) for selling expenses. That said...