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I Want To File My 2011 Taxes

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I Want To File My 2011 Taxes

I want to file my 2011 taxes Index A Accelerated death benefits, Accelerated Death Benefits Accounting periods Change in, standard deduction not allowed, Persons not eligible for the standard deduction. I want to file my 2011 taxes Accrued leave payment Disability retirement and, Accrued leave payment. I want to file my 2011 taxes Adjusted gross income (AGI), Adjustments to Income Adjustments to income, Adjustments to Income Age Standard deduction for age 65 or older, Higher standard deduction for age (65 or older). I want to file my 2011 taxes Age 65, Qualified Individual American Association of Retired Persons (AARP), Volunteer Income Tax Assistance and Tax Counseling for the Elderly. I want to file my 2011 taxes Annuities, Pensions and Annuities Assistance (see Tax help) B Base amount, social security benefits, Base Amount Benefits Accident or health, Other compensation. I want to file my 2011 taxes Long-term care, Long-Term Care Insurance Contracts No-fault insurance, Other compensation. I want to file my 2011 taxes Sickness and injury, Sickness and Injury Benefits Social security, Are Any of Your Benefits Taxable? Veterans', Veterans' benefits. I want to file my 2011 taxes Bequests, Gifts and inheritances. I want to file my 2011 taxes Blind persons Standard deduction for, Higher standard deduction for blindness. I want to file my 2011 taxes C Child and dependent care credit, Child and Dependent Care Credit Children Standard deduction for, Standard Deduction for Dependents Chronically ill persons, Chronically ill individual. I want to file my 2011 taxes Chronically ill, defined, Terminally or chronically ill defined. I want to file my 2011 taxes Compensation For services, Compensation for Services Loss or disfigurement, Other compensation. I want to file my 2011 taxes Contributions Foreign employment, Foreign employment contributions. I want to file my 2011 taxes Pension or annuity, Cost. I want to file my 2011 taxes Cost, pension or annuity, Cost. I want to file my 2011 taxes Credit Child and dependent care, Child and Dependent Care Credit Earned income, Earned Income Credit (EIC) The elderly or the disabled, Credit for the Elderly or the Disabled Credit for the elderly or the disabled, Credit for the Elderly or the Disabled D Death benefit, accelerated, Accelerated Death Benefits Decedents, Dependents. I want to file my 2011 taxes Standard deduction, Decedent's final return. I want to file my 2011 taxes Deductions Generally, Deductions Insurance premiums, Medical Insurance Premiums Itemized, Itemized Deductions Meals and lodging, Meals and Lodging Medical and dental, Medical and Dental Expenses Standard, Standard Deduction Dependents, Dependents. I want to file my 2011 taxes Standard deduction for, Standard Deduction for Dependents Disabilities, individuals with Ownership and use test, Exception to use test for individuals with a disability. I want to file my 2011 taxes Disability Person with, Persons with disabilities. I want to file my 2011 taxes Physician's statement, Physician's statement. I want to file my 2011 taxes Total and permanent, Permanent and total disability. I want to file my 2011 taxes Disability income, Disability Pensions, Other compensation. I want to file my 2011 taxes , Disability income. I want to file my 2011 taxes Distributions, retirement plan, Retirement Plan Distributions Drugs (see Medicines) Dual-status taxpayers Standard deduction, Persons not eligible for the standard deduction. I want to file my 2011 taxes E Early distributions, tax, Tax on Early Distributions Earned income credit, Earned Income Credit (EIC) Elderly or disabled credit, Credit for the Elderly or the Disabled Elderly persons Standard deduction for age 65 or older, Higher standard deduction for age (65 or older). I want to file my 2011 taxes Employment tax withholding, Reminders Employment taxes, Employment taxes. I want to file my 2011 taxes Endowment proceeds, Endowment Contract Proceeds Estimated tax, Tax Withholding and Estimated Tax, Estimated Tax, Who Must Make Estimated Tax Payments Excess accumulation, tax on, Tax on Excess Accumulation Exclusion, gain on sale of home, Maximum Amount of Exclusion F Federal Employees Compensation Act (FECA) payments, Federal Employees' Compensation Act (FECA). I want to file my 2011 taxes Filing requirements Decedents, Dependents. I want to file my 2011 taxes General requirements, General Requirements Surviving spouse, Surviving spouse. I want to file my 2011 taxes Final return for decedent Standard deduction, Decedent's final return. I want to file my 2011 taxes First-time homebuyer credit Recapture, Repaying the first-time homebuyer credit because you sold your home. I want to file my 2011 taxes Form, Credit for the Elderly or the Disabled, Physician's statement. I want to file my 2011 taxes 1099-R, Form 1099-R. I want to file my 2011 taxes , Form 1099-R. I want to file my 2011 taxes 5329, Form 5329. I want to file my 2011 taxes 8853, Accelerated Death Benefits Schedule R, Credit for the Elderly or the Disabled, Physician's statement. I want to file my 2011 taxes W-4P, Withholding. I want to file my 2011 taxes Free tax services, Free help with your tax return. I want to file my 2011 taxes G Gain on sale of home (see Sale of home) General rule, pension or annuity, Pensions and Annuities Gifts, Gifts and inheritances. I want to file my 2011 taxes H Help (see Tax help) Home care (see Nursing services) Home improvements, Home Improvements Home, sale of, Sale of Home Hospital services, Hospital Services Household help, Household Help I Income Adjustments, Adjustments to Income Disability, Disability Pensions, Disability income. I want to file my 2011 taxes Gross, defined, Gross income. I want to file my 2011 taxes Nontaxable, Taxable and Nontaxable Income Sale of home, Sale of Home Self-employment, Self-employed persons. I want to file my 2011 taxes Taxable, Taxable and Nontaxable Income Individual retirement arrangement (IRA) Adjustments to income, Individual Retirement Arrangement (IRA) Contributions and Deductions Contributions, Contributions. I want to file my 2011 taxes Deductible contribution, Deductible contribution. I want to file my 2011 taxes Distributions, Individual Retirement Arrangements (IRAs) Inheritances, Gifts and inheritances. I want to file my 2011 taxes Injury benefits, Sickness and Injury Benefits, Cost paid by you. I want to file my 2011 taxes Insurance Accident and health, Other compensation. I want to file my 2011 taxes , Medical Insurance Premiums Benefits, long-term care, Long-Term Care Insurance Contracts Benefits, no-fault insurance, Other compensation. I want to file my 2011 taxes Life insurance proceeds, Life Insurance Proceeds Proceeds paid after death, Life Insurance Proceeds Proceeds paid before death, Accelerated Death Benefits Insurance premiums for retired public safety officers, Insurance Premiums for Retired Public Safety Officers Itemized deductions, Itemized Deductions Married filing separately One spouse has itemized, Persons not eligible for the standard deduction. I want to file my 2011 taxes L Life insurance proceeds, Life Insurance Proceeds Long-term care, Long-Term Care Chronically ill individuals, Chronically ill individual. I want to file my 2011 taxes Maintenance and personal care services, Maintenance and personal care services. I want to file my 2011 taxes Qualified insurance contracts, Qualified long-term care insurance contracts. I want to file my 2011 taxes Qualified services, Qualified long-term care services. I want to file my 2011 taxes Long-term care insurance, Long-Term Care Insurance Contracts Loss or disfigurement compensation, Other compensation. I want to file my 2011 taxes Lump-sum distributions, Lump-sum distributions. I want to file my 2011 taxes Lump-sum election, social security, Lump-Sum Election M Maintenance and personal care services, Maintenance and personal care services. I want to file my 2011 taxes Married filing separately Itemized deductions One spouse has itemized so other must as well, Persons not eligible for the standard deduction. I want to file my 2011 taxes Married taxpayers Age 65 or older spouse Standard deduction, Spouse 65 or older or blind. I want to file my 2011 taxes Blind spouse Standard deduction, Spouse 65 or older or blind. I want to file my 2011 taxes Meals and lodging expenses, Meals and Lodging Medical expenses, Medical and Dental Expenses Medicare, Medicare Part A. I want to file my 2011 taxes , Medicare Part B. I want to file my 2011 taxes , Medicare Part D. I want to file my 2011 taxes Benefits, Medicare. I want to file my 2011 taxes Medicines, Medicines Imported, Imported medicines and drugs. I want to file my 2011 taxes Military retirement pay, Military Retirement Pay Minimum distributions, Tax on Excess Accumulation Minimum wage, Substantial gainful activity. I want to file my 2011 taxes Missing children, Reminders Mortgage assistance payments, Mortgage assistance payments. I want to file my 2011 taxes N Nonperiodic distributions, Nonperiodic Distributions Nonqualified use, Period of nonqualified use. I want to file my 2011 taxes Nonresident aliens Standard deduction, Persons not eligible for the standard deduction. I want to file my 2011 taxes Nontaxable income, Payments from a state fund for victims of crime. I want to file my 2011 taxes Accident or health insurance benefits, Other compensation. I want to file my 2011 taxes Bequests, Gifts and inheritances. I want to file my 2011 taxes Generally, Taxable and Nontaxable Income Gifts, Gifts and inheritances. I want to file my 2011 taxes Inheritances, Gifts and inheritances. I want to file my 2011 taxes Mortgage assistance payments, Mortgage assistance payments. I want to file my 2011 taxes No-fault insurance benefits, Other compensation. I want to file my 2011 taxes Nutrition program for elderly, Nutrition Program for the Elderly. I want to file my 2011 taxes Public assistance payments, Welfare benefits. I want to file my 2011 taxes Sickness and injury benefits, Sickness and Injury Benefits Veterans' benefits, Veterans' benefits. I want to file my 2011 taxes Winter energy use, Payments to reduce cost of winter energy use. I want to file my 2011 taxes Workers' compensation, Workers' Compensation Nursing home, Nursing home. I want to file my 2011 taxes Nursing services, Nursing Services Chronically ill individuals, Chronically ill individual. I want to file my 2011 taxes Nutrition program for elderly, Nutrition Program for the Elderly. I want to file my 2011 taxes O Old-age, survivors, and disability insurance benefits (OASDI), Old-age, survivors, and disability insurance benefits (OASDI). I want to file my 2011 taxes Other items, Other Items Overall limitation, Overall limitation. I want to file my 2011 taxes P Payments, estimated tax, Estimated Tax Pensions, Pensions and Annuities Pensions, disability, Disability Pensions Photographs, missing children, Reminders Physician's statement, disability, Physician's statement. I want to file my 2011 taxes Prepaid insurance premiums, Prepaid insurance premiums. I want to file my 2011 taxes Preparer, paid, Reminders Preparing your return, Return preparation assistance. I want to file my 2011 taxes Profit-sharing plan, Retirement and profit-sharing plans. I want to file my 2011 taxes Public assistance payments, Welfare benefits. I want to file my 2011 taxes Publications (see Tax help) Q Qualified retirement plan, Tax on Early Distributions R Railroad retirement benefits, Railroad Retirement Benefits, Social Security and Equivalent Railroad Retirement Benefits Repayments Social security benefits, Repayment of Benefits Reporting pension income, How to report. I want to file my 2011 taxes Residence, sale of, Sale of Home Retirement plans, distributions, Retirement Plan Distributions Returns Decedent, Dependents. I want to file my 2011 taxes Executors and administrators, Dependents. I want to file my 2011 taxes Filing requirements, 2013 Filing Requirements Surviving spouse, Surviving spouse. I want to file my 2011 taxes Reverse mortgages, Reverse Mortgages S Salaries (see Compensation) Sale of Home First-time homebuyer credit, Repaying the first-time homebuyer credit because you sold your home. I want to file my 2011 taxes Surviving spouse, Reminders Sale of home, Sale of Home Self-employed, Self-employed persons. I want to file my 2011 taxes Short tax year Change in annual accounting period, Persons not eligible for the standard deduction. I want to file my 2011 taxes Sickness and injury benefits, Sickness and Injury Benefits Simplified method, Pensions and Annuities Social security benefits, Social Security and Equivalent Railroad Retirement Benefits Standard deduction, Standard Deduction Age 65 or older, Higher standard deduction for age (65 or older). I want to file my 2011 taxes Blind persons, Higher standard deduction for blindness. I want to file my 2011 taxes Dependents, Standard Deduction for Dependents Final return of decedent, Decedent's final return. I want to file my 2011 taxes Married filing separately One spouse has itemized, Persons not eligible for the standard deduction. I want to file my 2011 taxes Starting date, annuity, Cost. I want to file my 2011 taxes State fund for victims of crime, Payments from a state fund for victims of crime. I want to file my 2011 taxes Substantial gainful activity, Substantial gainful activity. I want to file my 2011 taxes Surrender of Iife insurance, Surrender of policy for cash. I want to file my 2011 taxes Surviving Spouse, Reminders Surviving spouse, Surviving spouse. I want to file my 2011 taxes Surviving spouse, insurance, Surviving spouse. I want to file my 2011 taxes Survivors of retirees, Survivors of retirees. I want to file my 2011 taxes T Tax Early distributions, Tax on Early Distributions Estimated, Tax Withholding and Estimated Tax, Estimated Tax Excess accumulation, Tax on Excess Accumulation Tax counseling for the elderly (TCE), Volunteer Income Tax Assistance and Tax Counseling for the Elderly. I want to file my 2011 taxes Tax help, How To Get Tax Help Tax option, 10-year, Lump-sum distributions. I want to file my 2011 taxes Tax return preparers, Reminders Taxable income, Taxable and Nontaxable Income Taxation of benefits, Are Any of Your Benefits Taxable? Terminally ill, defined, Terminally or chronically ill defined. I want to file my 2011 taxes Total and permanent disability, defined, Permanent and total disability. I want to file my 2011 taxes Transportation expenses, Transportation TTY/TDD information, How To Get Tax Help U U. I want to file my 2011 taxes S. I want to file my 2011 taxes citizen or resident, U. I want to file my 2011 taxes S. I want to file my 2011 taxes citizen or resident alien. I want to file my 2011 taxes Unemployment compensation, Unemployment compensation. I want to file my 2011 taxes V Veterans' benefits, Veterans' benefits. I want to file my 2011 taxes Viatical settlement, Accelerated Death Benefits Victims of crime, Payments from a state fund for victims of crime. I want to file my 2011 taxes Volunteer income tax assistance (VITA), Volunteer Income Tax Assistance and Tax Counseling for the Elderly. I want to file my 2011 taxes Volunteer work, Volunteer work. I want to file my 2011 taxes W Wages (see Compensation) Winter energy use payments, Payments to reduce cost of winter energy use. I want to file my 2011 taxes Withholding Employment tax, Reminders Pensions and annuities, Withholding. I want to file my 2011 taxes Workers' compensation, Workers' Compensation Worksheets, social security, Which worksheet to use. I want to file my 2011 taxes Prev  Up     Home   More Online Publications
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The I Want To File My 2011 Taxes

I want to file my 2011 taxes 2. I want to file my 2011 taxes   Foreclosures and Repossessions Table of Contents Amount realized and ordinary income on a recourse debt. I want to file my 2011 taxes Amount realized on a nonrecourse debt. I want to file my 2011 taxes If you do not make payments you owe on a loan secured by property, the lender may foreclose on the loan or repossess the property. I want to file my 2011 taxes The foreclosure or repossession is treated as a sale from which you may realize gain or loss. I want to file my 2011 taxes This is true even if you voluntarily return the property to the lender. I want to file my 2011 taxes If the outstanding loan balance was more than the FMV of the property and the lender cancels all or part of the remaining loan balance, you also may realize ordinary income from the cancellation of debt. I want to file my 2011 taxes You must report this income on your return unless certain exceptions or exclusions apply. I want to file my 2011 taxes See chapter 1 for more details. I want to file my 2011 taxes Borrower's gain or loss. I want to file my 2011 taxes    You figure and report gain or loss from a foreclosure or repossession in the same way as gain or loss from a sale. I want to file my 2011 taxes The gain is the difference between the amount realized and your adjusted basis in the transferred property (amount realized minus adjusted basis). I want to file my 2011 taxes The loss is the difference between your adjusted basis in the transferred property and the amount realized (adjusted basis minus amount realized). I want to file my 2011 taxes For more information on figuring gain or loss from the sale of property, see Gain or Loss From Sales and Exchanges in Publication 544. I want to file my 2011 taxes You can use Table 1-1 to figure your ordinary income from the cancellation of debt and your gain or loss from a foreclosure or repossession. I want to file my 2011 taxes Amount realized and ordinary income on a recourse debt. I want to file my 2011 taxes    If you are personally liable for the debt, the amount realized on the foreclosure or repossession includes the smaller of: The outstanding debt immediately before the transfer reduced by any amount for which you remain personally liable immediately after the transfer, or The FMV of the transferred property. I want to file my 2011 taxes The amount realized also includes any proceeds you received from the foreclosure sale. I want to file my 2011 taxes If the FMV of the transferred property is less than the total outstanding debt immediately before the transfer reduced by any amount for which you remain personally liable immediately after the transfer, the difference is ordinary income from the cancellation of debt. I want to file my 2011 taxes You must report this income on your return unless certain exceptions or exclusions apply. I want to file my 2011 taxes See chapter 1 for more details. I want to file my 2011 taxes       Example 1. I want to file my 2011 taxes Tara bought a new car for $15,000. I want to file my 2011 taxes She made a $2,000 downpayment and borrowed the remaining $13,000 from the dealer's credit company. I want to file my 2011 taxes Tara is personally liable for the loan (recourse debt) and the car is pledged as security for the loan. I want to file my 2011 taxes On August 1, 2013, the credit company repossessed the car because Tara had stopped making loan payments. I want to file my 2011 taxes The balance due after taking into account the payments Tara made was $10,000. I want to file my 2011 taxes The FMV of the car when it was repossessed was $9,000. I want to file my 2011 taxes On November 15, 2013, the credit company forgave the remaining $1,000 balance on the loan due to insufficient assets. I want to file my 2011 taxes In this case, the amount Tara realizes is $9,000. I want to file my 2011 taxes This is the smaller of: The $10,000 outstanding debt immediately before the repossession reduced by the $1,000 for which she remains personally liable immediately after the repossession ($10,000 − $1,000 = $9,000), or The $9,000 FMV of the car. I want to file my 2011 taxes Tara figures her gain or loss on the repossession by comparing the $9,000 amount realized with her $15,000 adjusted basis. I want to file my 2011 taxes She has a $6,000 nondeductible loss. I want to file my 2011 taxes After the cancellation of the remaining balance on the loan in November, Tara also has ordinary income from cancellation of debt in the amount of $1,000 (the remaining balance on the $10,000 loan after the $9,000 amount satisfied by the FMV of the repossessed car). I want to file my 2011 taxes Tara must report this $1,000 on her return unless one of the exceptions or exclusions described in chapter 1 applies. I want to file my 2011 taxes Example 2. I want to file my 2011 taxes Lili paid $200,000 for her home. I want to file my 2011 taxes She made a $15,000 downpayment and borrowed the remaining $185,000 from a bank. I want to file my 2011 taxes Lili is personally liable for the mortgage loan and the house secures the loan. I want to file my 2011 taxes In 2013, the bank foreclosed on the mortgage because Lili stopped making payments. I want to file my 2011 taxes When the bank foreclosed the mortgage, the balance due was $180,000, the FMV of the house was $170,000, and Lili's adjusted basis was $175,000 due to a casualty loss she had deducted. I want to file my 2011 taxes At the time of the foreclosure, the bank forgave $2,000 of the $10,000 debt in excess of the FMV ($180,000 minus $170,000). I want to file my 2011 taxes She remained personally liable for the $8,000 balance. I want to file my 2011 taxes In this case, Lili has ordinary income from the cancellation of debt in the amount of $2,000. I want to file my 2011 taxes The $2,000 income from the cancellation of debt is figured by subtracting the $170,000 FMV of the house from the $172,000 difference between her total outstanding debt immediately before the transfer of property and the amount for which she remains personally liable immediately after the transfer ($180,000 minus $8,000). I want to file my 2011 taxes She is able to exclude the $2,000 of canceled debt from her income under the qualified principal residence indebtedness rules discussed earlier. I want to file my 2011 taxes Lili must also determine her gain or loss from the foreclosure. I want to file my 2011 taxes In this case, the amount that she realizes is $170,000. I want to file my 2011 taxes This is the smaller of: (a) the $180,000 outstanding debt immediately before the transfer reduced by the $8,000 for which she remains personally liable immediately after the transfer ($180,000 − $8,000 = $172,000) or (b) the $170,000 FMV of the house. I want to file my 2011 taxes Lili figures her gain or loss on the foreclosure by comparing the $170,000 amount realized with her $175,000 adjusted basis. I want to file my 2011 taxes She has a $5,000 nondeductible loss. I want to file my 2011 taxes Table 1-1. I want to file my 2011 taxes Worksheet for Foreclosures and Repossessions Part 1. I want to file my 2011 taxes Complete Part 1 only if you were personally liable for the debt (even if none of the debt was canceled). I want to file my 2011 taxes Otherwise, go to Part 2. I want to file my 2011 taxes 1. I want to file my 2011 taxes Enter the amount of outstanding debt immediately before the transfer of property reduced by any amount for which you remain personally liable immediately after the transfer of property   2. I want to file my 2011 taxes Enter the fair market value of the transferred property   3. I want to file my 2011 taxes Ordinary income from the cancellation of debt upon foreclosure or repossession. I want to file my 2011 taxes * Subtract line 2 from line 1. I want to file my 2011 taxes If less than zero, enter zero. I want to file my 2011 taxes Next, go to Part 2   Part 2. I want to file my 2011 taxes Gain or loss from foreclosure or repossession. I want to file my 2011 taxes   4. I want to file my 2011 taxes Enter the smaller of line 1 or line 2. I want to file my 2011 taxes If you did not complete Part 1 (because you were not personally liable for the debt), enter the amount of outstanding debt immediately before the transfer of property   5. I want to file my 2011 taxes Enter any proceeds you received from the foreclosure sale   6. I want to file my 2011 taxes Add line 4 and line 5   7. I want to file my 2011 taxes Enter the adjusted basis of the transferred property   8. I want to file my 2011 taxes Gain or loss from foreclosure or repossession. I want to file my 2011 taxes Subtract line 7 from line 6   * The income may not be taxable. I want to file my 2011 taxes See chapter 1 for more details. I want to file my 2011 taxes Amount realized on a nonrecourse debt. I want to file my 2011 taxes    If you are not personally liable for repaying the debt secured by the transferred property, the amount you realize includes the full amount of the outstanding debt immediately before the transfer. I want to file my 2011 taxes This is true even if the FMV of the property is less than the outstanding debt immediately before the transfer. I want to file my 2011 taxes Example 1. I want to file my 2011 taxes Tara bought a new car for $15,000. I want to file my 2011 taxes She made a $2,000 downpayment and borrowed the remaining $13,000 from the dealer's credit company. I want to file my 2011 taxes Tara is not personally liable for the loan (nonrecourse), but pledged the new car as security for the loan. I want to file my 2011 taxes On August 1, 2013, the credit company repossessed the car because Tara had stopped making loan payments. I want to file my 2011 taxes The balance due after taking into account the payments Tara made was $10,000. I want to file my 2011 taxes The FMV of the car when it was repossessed was $9,000. I want to file my 2011 taxes The amount Tara realized on the repossession is $10,000. I want to file my 2011 taxes That is the outstanding amount of debt immediately before the repossession, even though the FMV of the car is less than $10,000. I want to file my 2011 taxes Tara figures her gain or loss on the repossession by comparing the $10,000 amount realized with her $15,000 adjusted basis. I want to file my 2011 taxes Tara has a $5,000 nondeductible loss. I want to file my 2011 taxes Example 2. I want to file my 2011 taxes Lili paid $200,000 for her home. I want to file my 2011 taxes She made a $15,000 downpayment and borrowed the remaining $185,000 from a bank. I want to file my 2011 taxes She is not personally liable for the loan, but grants the bank a mortgage. I want to file my 2011 taxes The bank foreclosed on the mortgage because Lili stopped making payments. I want to file my 2011 taxes When the bank foreclosed on the mortgage, the balance due was $180,000, the FMV of the house was $170,000, and Lili's adjusted basis was $175,000 due to a casualty loss she had deducted. I want to file my 2011 taxes The amount Lili realized on the foreclosure is $180,000, the outstanding debt immediately before the foreclosure. I want to file my 2011 taxes She figures her gain or loss by comparing the $180,000 amount realized with her $175,000 adjusted basis. I want to file my 2011 taxes Lili has a $5,000 realized gain. I want to file my 2011 taxes See Publication 523 to figure and report any taxable amount. I want to file my 2011 taxes Forms 1099-A and 1099-C. I want to file my 2011 taxes    A lender who acquires an interest in your property in a foreclosure or repossession should send you Form 1099-A, Acquisition or Abandonment of Secured Property, showing information you need to figure your gain or loss. I want to file my 2011 taxes However, if the lender also cancels part of your debt and must file Form 1099-C, the lender can include the information about the foreclosure or repossession on that form instead of on Form 1099-A. I want to file my 2011 taxes The lender must file Form 1099-C and send you a copy if the amount of debt canceled is $600 or more and the lender is a financial institution, credit union, federal government agency, or any organization that has a significant trade or business of lending money. I want to file my 2011 taxes For foreclosures or repossessions occurring in 2013, these forms should be sent to you by January 31, 2014. I want to file my 2011 taxes Prev  Up  Next   Home   More Online Publications