Where to enter a 1099-A on an 1120s

[ertaxadvisor]

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!

[TaxGuyBill]

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).

[Just-Lisa-Now-]

what kind of property did they abandon?

[ertaxadvisor]

It was a car