0
What else can I help you with?
Continue Learning about Finance
Related Questions
What are you supposed to do with the 1099A from the mortgage company?
Your 1099-A should be reviewed by a professional when you have your taxes done. See the related information provided by the IRS regarding mortgage forgiveness.
What does a 1099a mean?
A 1099-A, or "Acquisition or Abandonment of Secured Property," is a tax form used in the United States to report the acquisition or abandonment of property used as security for a loan. The form is typically issued by lenders when a borrower defaults on a loan and the lender takes possession of the property or when the property is abandoned. It includes details such as the date of acquisition, the fair market value of the property, and any outstanding debt. Taxpayers may need this information to report any income or tax implications related to the transaction.
Trending Questions
What area of a typical family budget do people spend most of their money?
Are wages expenses an asset or liability?
What is the concept of business financial planning about?
What is the existing wage-limit for coverage under the ESI Act?
What do you need to sell title insurance in NJ?
What day of the week do insurance companies write checks on?
What is a bank guarantee with cash margin?
How long for money transfer from one bank to your nab account?
Does it make sense to refinance your mortgage at a higher rate for debt consolidation?
What is difference pledge and hypothecation?
What are the dimensions of the largest physical size bank note currently in circulation?
What is the three biggest credit reporting agencies in the US?
What is the term used for an amount of money borrowed by the government and the interest on the money that is borrowed?
When you use cash advance payday loan how long do you have to repay the loan?
How much is one yen worth in English money?
How much interest would you get with 85 million pounds?
How can small businesses effectively implement card payment options to improve their financial transactions?
Which HSBC banking services are available using Mobile Banking?
Can you get a Perkins loan if you have maxed out on a federal Stafford or direct loan?
Where does one go to fill out a Target credit card application?
Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.