Re: Clarification on 1099

Posted by Shelley Koss on August 06, 2007 at 11:37:22:

In Reply to: Re: Clarification on 1099 posted by Larry Ludwick on July 06, 2007 at 13:37:56:

Please remember that the government does not allow a "loss" on a tax return for personal property. Therefore, if you sell your personal residence at a loss, you will get no tax loss deduction.

Shelley Koss, CPA

Follow Ups:


Post a Followup

Name    : 
E-Mail  : 
Subject : 

Comments: