I need to add information for a 1099-A I received. I hit the button for 1099-C in error and now can not removed and the system will not let me enter the 1099-A or clear the button for the 1099-C. How can I correct it?
If you want to delete the Form 1099-C, you can do so from within your tax return. Search for the form name in the search bar and select the Jump to link in the search results to get to the summary screen. From there, you can select the trash can icon to delete it.
If you are having If you want to delete the Form 1099-C, you can do so from within your tax return. Search for the form name in the search bar and select the Jump to link in the search results to get to the summary screen. From there, you can select the trash can icon to delete it.
If you are having trouble deleting the form, you should try clearing the cache and cookies. To do this, close your return and follow the steps below, depending on the version of TurboTax you are using:
Regarding your Form 1099-A, this is a form you received from a lender if they foreclosed on your mortgage or repossessed your property due to a defaulted loan. If you received the form for personal property, such as your personal residence or automobile, you do not need to report it. However, you should keep it with your tax records. If you received it for business or investment property, such as a rental, you should consult a tax professional.