AN UNBIASED VIEW OF 1099 TAX INFORMATION FOR ENTITIES

You could receive a person Form 1099-A if your mortgage lender canceled some or all of your mortgage, or you had been associated with a short sale of your home. Why? Canceled credit card debt is income while in the eyes of the IRS — and it’s typically taxable.Deduction for state and native taxes paid: Generally known as the SALT deduction, it a