jyleon_accounti
Level 1
04-13-2024
07:54 AM
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My client bought a timeshare on credit and decided to abandon it, he received a Form 1099-A, and I don't know how to enter it, I have read the aid they have, but I don't understand
Thanks for the Help
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George4Tacks
Level 15
04-13-2024
08:58 AM
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This may help https://www.irs.gov/taxtopics/tc432
Walking away from a property is very much like SELLING the property back to the back for the debt owed.
Here's wishing you many Happy Returns
