
Get Irs Instruction 1099-a & 1099-c 2021-2025
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For tax purposes, a foreclosure is treated as a sale. ... Next, Form 1099 C. If you receive a 1099 C for a foreclosed property, you should not (but may) receive a 1099 A. Because the 1099 C has the same information as 1099 A, and also includes the additional information that the debt has been cancelled.
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