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Old 04-03-2012, 09:21 PM
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Join Date: Apr 2012
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How to report 1099a on a 2011 Tax Return

Hello,
I received a 1099a from BOX. Box 2 "principal debt" is approx 174,000 approx. Box 4 for FMV is 246,000 approx. Box 5 " is the borrower personally liable" is NOT checked.
The home was principal residence for over 2 years in the last 5 years. The home is situated in California. The home was also sold by the back on Oct, 2011 for 175,000.

I have not received a 1099c, only the 1099a.

How do i proceed to file my 2011 tax return with this 1099a.

Please help, i can't find a answer anywhere.

Thanks in advance.
G



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