Rachel S. asked
I received a 1099-C from my former lender about my foreclosed property, but then they sent a 1099-A in error. In Box 2, it says $93,868.50, and in Box 4, it says $96,000. Does this mean I owe taxes on the difference, or what does it mean?
March 25th, 2024
Rhonda H. answered
You do not need to take any action. The 1099-A is an informational notice indicating that you have w...
March 25th, 2024
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