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Everything You Need To Know About Form 1099 A

Reporting a Home Foreclosure?  You need Form 1099 A! Moving on with our review of 1099 forms, today’s post focuses on IRS 1099-A. When you have finished learning about how to report a home foreclosure, get started filling your 1099 A with PDFfiller! Who needs an IRS 1099-A form? An IRS 1099 A form is needed...Read More

Exploring Other Kinds of 1099 Forms

Earlier this week we discussed the most common 1099 form, the 1099-Misc. A quick refresher: the 1099-Misc is issued for any unclassified income over $600. It is most commonly issued by employers who have paid independent contractors, consultants or freelancers.  However as you are assembling your taxes, you may find that you have received a few...Read More

Reporting a Home Foreclosure: Form 1099-A

This post was updated in April 2018 When a house is foreclosed upon by the bank, the owners typically receive Form 1099-A from their mortgage lender showing several pieces of important information. The owners will need the information on Form 1099-A to report the foreclosure on their tax return. Taxpayers are required by law to report the foreclosure just like...Read More