I received a 1099a form from a resort at which I owned a timeshare. I let it go via Warranty Deed in lieu of foreclosure. Do I need to report anything from this form on my tax return?
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I received a 1099a form from a resort at which I owned a timeshare. I let it go via Warranty Deed in lieu of foreclosure. Do I need to report anything from this form on my tax return?
I received a 1099a form from a resort at which I owned a timeshare. I let it go via Warranty Deed in lieu of foreclosure. Do I need to report anything from this form on my tax return?
Form
1099-A is often more informational than actionable. If you received
a 1099-A because you have
abandoned personal property, such as a car, you don't need to report it in your
return.
I received a 1099a form from a resort at which I owned a timeshare. I let it go via Warranty Deed in lieu of foreclosure. Do I need to report anything from this form on my tax return?
Form
1099-A is often more informational than actionable. If you received
a 1099-A because you have
abandoned personal property, such as a car, you don't need to report it in your
return.
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