Form 1099-A - Acquisition or Abandonment of Secured Property - Form (Rev.April 2025)

Sep 19, 2026

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Form 1099-A (Rev. April 2025) is an IRS information statement used to report the acquisition or abandonment of secured property. The document includes Copy A for internal IRS processing and Copy B for borrowers, with guidance on VOID and CORRECTED statuses. It lists key fields such as lender and borrower TINs, dates, principal balance, fair market value, and property description. It also provides borrower instructions on potential taxable income, gain or loss measurement, and deductibility limitations for personal-use property.

LanguageEnglish

CategoryForms

FormatPDF

Pages4

Reading Time2 min

AccessFree to download

Attention

Form fields and boxes

VOID and CORRECTED

Key data elements (TINs, dates, principal, fair market value)

Instructions for Borrower

When certain lenders must provide the statement

Tax consequences and how gain or loss is measured

Property definition and joint borrowers

TIN and account number privacy guidance

Box 1 date rules

# Attention: Copy A of this form is provided for informational purposes only.Copy A appears in red,similar to the official IRS form.The official printed version of Copy A of this IRS form isscannable,but the online version of it,printed from this website,is not.Do not print and filecopy A downloaded from this website;a penalty may be imposed for filing with the IRSinformation return forms that can't be scanned.See part O in the current GeneralInstructions for Certain Information Returns.available at IRS.aov/Form1099.for moreinformation about penalties. Please note that Copy B and other copies of this form,which appear in black,may bedownloaded and printed and used to satisfy the requirement to provide the information tothe recipient. If you have 10 or more information returns to file,you may be required to file e-file.Go to IRS.gov/InfoReturn for e-file options. If you have fewer than 10 information returns to file,we strongly encourage you to e-file.Ifyou want to file them on paper,you can place an order for the official IRS informationreturns,which include a scannable Copy A for filing with the IRS and all other applicablecopies of the form,at IRS.gov/EmploverForms.We'll mail vou the forms vou request andtheir instructions,as well as any publications you may order See Publications 1141.1167,and 1179 for more information about printing these forms. B080 □VOID □CORRECTED | LENDER'S name,street address,city or town,state or province,country,ZIP or
foreign postal code,and telephone no. | | | OMB No.1545-0877
1099-A
Form
(Rev.April 2025) | Acquisition or
Abandonment of
Secured Property | | | --- | --- | --- | --- | --- | --- | | | | | For calendar year | | | | | | 1 Date of lender's acquisition or
knowledge of abandonment | 2Balance of principal
outstanding
$ | | Copy A
For
Internal Revenue
Service Center
For filing information,
Privacy Act,and
Paperwork Reduction
Act Notice,see the
General Instructions
for Certain
Information Returns.
www.irs.gov/Form1099 | | LENDER'S TIN | BORROWER'S TIN | | | | | | BORROWER'S name | | 3 | 4 Fair market value of property
$ | | | | Street address(including apt.no. | | 5 Check if the borrower was personally liable for repayment off
the debt. . . . . | | | | | City or town,state or province,country,and ZIP or foreign postal code | | 6 Description of property | | | | | Account number(see instructions) | | | | | | Form 1099-A (Rev.4-2025)Cat.No.14412Gwww.irs.gov/Form1099A Department of the Treasury-Intemal Revenue ServiceDo Not Cut or Separate Forms on This Page —Do Not Cut or Separate Forms on This Page CORRECTED(if checked) | LENDER'S name,street address,city or town,state or province,country,ZIP or
foreign postal code,and telephone no. | | | OMB No.1545-0877
Form 1099-A
(Rev.April 2025) | Acquisition or
Abandonment of
Secured Property | | | --- | --- | --- | --- | --- | --- | | | | | For calendar year | | | | | | 1Date of lender's acquisition or
knowledge of abandonment | 2 Balance of principal
outstanding
$ | | Copy B
For Borrower
This is important tax
information and is being
fumished to the IRS.If
you are required to file a
return,a negligence
penalty or other
sanction may be
imposed on you if
taxable income results
from this transaction
and the IRS determines
that it has not been
reported | | LENDER'S TIN | BORROWER'S TIN | | | | | | BORROWER'S name
Street address(including apt.no.) | | 3 | 4 Fair market value of property
$ | | | | | | 5 If checked,the borrower was personally liabe for repayment
of the debt
··········· | | | | | City or town,state or province,country,and ZIP or foreign postal code | | 6 Descripti

FAQs

What is Form 1099-A used for?

Form 1099-A reports the acquisition or abandonment of secured property. Certain lenders must provide it when they acquire an interest in secured property or have reason to know it has been abandoned.

What do VOID and CORRECTED mean on the form?

The form includes checkboxes for VOID and CORRECTED. When checked, they indicate whether the issued information is void or corrected.

How does the borrower determine potential tax consequences?

Tax consequences depend on whether the borrower was personally liable for the debt. Gain or loss from acquisition is generally measured using the borrower’s adjusted basis and the debt canceled in exchange for the property (or sale proceeds if greater), and abandonment may result in discharge-of-indebtedness income.

Sep 19, 2026

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