ertaxadvisor
Level 1
02-28-2022
06:30 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hey
first time receiving a 1099-A issued for an S-Corp, not sure where to begin when it comes to it? cant find much info on it either!
Labels
TaxGuyBill
Level 15
02-28-2022
06:37 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
A 1099-A is entered as a sale of property. So you report the sale of whatever it was (probably 4797 or 8949/Schedule D).
Level 15
02-28-2022
07:33 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
what kind of property did they abandon?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
ertaxadvisor
Level 1
03-02-2022
10:16 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It was a car