1099-a on acquisition or abandonment of secured property

joylynn Posts: 6, Reputation: 1

New Member

Feb 4, 2012, 07:30 PM

1099-a on acquisition or abandonment of secured property

Give me some advice on what to do

MukatA Posts: 7,110, Reputation: 176

Tax Expert

Feb 4, 2012, 07:58 PM

What is mentioned in each of the boxes? Box 2 debt you owe. Box 4 FMV. Box 5 are your personally liable.

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