Re: 1099A Received from Wells Fargo, Tax Implications?

Posted by Joe on January 28, 2008 at 18:35:55:

In Reply to: Re: 1099A Received from Wells Fargo, Tax Implications? posted by jim on January 28, 2008 at 17:48:22:

Jim,
Already saw that, which deals with the 1099C not the A form. From what I've read, I keep the 1099A for my records and do not add anything to my taxes as the FMV exceeds the amount due at time of foreclosure.

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