Where in TurboTax are you posting the Form 1099-A Acquisition or Abandonment of Secured Property TurboTax asks do you Have a 1099-A? If it's for personal property, such as a home or a car, you don't need to report it in your return. Keep this form for your records in case you get a 1099-C that indicates the debt has actually been forgiven. If it's for business or investment related property, such as a rental property or company car, please consult a professional, or see IRS publications 544 and 4681 before continuing.

Question

The 1099A is incorrect because there is an amount in pt III and 0 in B & C. The program is stating that 0 can't be in B&C. Can PT III have 0.00 in B&C?

Forum|Forum|1 year ago
March 30, 2025
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TurboTax Deluxe Online

JohnB5677

Where in TurboTax are you posting the Form 1099-A Acquisition or Abandonment of Secured Property

TurboTax asks do you Have a 1099-A?

If it's for personal property, such as a home or a car, you don't need to report it in your return.
- Keep this form for your records in case you get a 1099-C that indicates the debt has actually been forgiven.
If it's for business or investment related property, such as a rental property or company car, please consult a professional, or
- see IRS publications 544 and 4681 before continuing.

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