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New Member
posted Feb 6, 2024 10:27:40 AM

How do you handle a 1099a if you have disputed the loan since its inception as fraud?

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1 Replies
Expert Alumni
Feb 6, 2024 1:55:47 PM

If you don't think you have income associated with what is reported on the Form 1099-A, then you shouldn't report it on your tax return. Make sure you keep documentation on file to prove your case should the IRS inquire about it in the future.