[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303586-105":53,"doc-detail-303586-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","instructions-for-forms-1099-a-and-1099-c-rev-april-2025","Instructions for Forms 1099-A and 1099-C - Rev. April 2025","","Instructions for completing and filing IRS Forms 1099-A and 1099-C, covering acquisition or abandonment of secured property and cancellation of debt. Includes updated guidance for tax year 2025, reminders about related general information-return instructions, continuous-use revision, and online fillable Copy B availability. Explains who must file, property definitions, when to file, coordination rules between 1099-A and 1099-C, and specific requirements for Form 1099-A reporting.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/instructions-for-forms-1099-a-and-1099-c-rev-april-2025/303586/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/instructions-for-forms-1099-a-and-1099-c-rev-april-2025/303586.png","ImageObject",442,249,{"name":88,"@type":89},"Mack Lee","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-28","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":73},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What events require filing Form 1099-A?","Question",{"text":108,"@type":109},"File Form 1099-A for each borrower when you lend money in connection with your trade or business and, in full or partial satisfaction of the debt, you acquire an interest in secured property or have reason to know the property has been abandoned.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"If debt cancellation happens in the same year, when is Form 1099-C required instead of Form 1099-A?",{"text":113,"@type":109},"If you cancel a debt of $600 or more in connection with a foreclosure or abandonment of secured property in the same calendar year, you generally do not file both; you may file Form 1099-C only.",{"name":115,"@type":106,"acceptedAnswer":116},"Who must file Form 1099-A for loans with multiple owners or multiple lenders?",{"text":117,"@type":109},"For multiple owners of undivided interests, the trustee or similar capacity person must file on behalf of all beneficial owners; for multiple lenders where foreclosure impairs other lenders’ security interests, the other lenders must file for their own loans.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},303586,1790632500,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":73},1236954509970,"https://us-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","Instructions for Forms 1099-A and 1099-C  \n(Rev. April 2025)  \nAcquisition or Abandonment of Secured Property and Cancellation of Debt   \nSection references are to the Internal Revenue Code unless otherwise noted.  \nFuture Developments  \nFor the latest information about developments related to Forms 1099-A and 1099-C and their instructions, such as legislation enacted after they were published, go to [IRS.gov/Form1099A](IRS.gov/Form1099A and IRS.gov/Form1099C)[ and](IRS.gov/Form1099A and IRS.gov/Form1099C)[ ](IRS.gov/Form1099A and IRS.gov/Form1099C)[IRS.gov/Form1099C](IRS.gov/Form1099A and IRS.gov/Form1099C).  \nYou can get the General Instructions for Certain Information Returns at [IRS.gov/1099GeneralInstructions](IRS.gov/1099GeneralInstructions).  \nWhat’s New  \nMortgage and student loan forgiveness relief expires in 2025. The exclusion from income of discharged mortgage debt for qualified principal residence indebtedness and qualified student loan debt under section 108(f)(5) expires on December 31, 2025.  \nReminders  \nIn addition to these specific instructions, you should also use the current General Instructions for Certain Information Returns. Those general instructions include information about the following topics.  \n• Who must file.  \n• When and where to file.  \n• Electronic reporting.  \n• Corrected and void returns.  \n• Statements to recipients.  \n• Taxpayer identification numbers (TINs) .  \n• Backup withholding.  \n• Penalties.  \n• Other general topics.  \nContinuous-use revision. Use these instructions for tax year 2025 and subsequent years until a superseding revision is issued.  \nOnline fillable Copy B. To ease statement furnishing requirements, Copy B has been made fillable online in a PDF format available at [IRS.gov/Form1099A](IRS.gov/Form1099A. You)[. You](IRS.gov/Form1099A. You) can complete the copy online for furnishing statements to recipients and for retaining in your own files.  \nGuidance for creditors regarding discharged student loans under section 6050P. Rev. Proc. 2020-11  \nestablishes a safe harbor extending relief under Rev. Proc. 2015-57; Rev. Proc. 2017-24, 2017-7 I. R. B. 916; and Rev. Proc. 2018-39. See Rev. Proc. 2020-11, available at [IRS.gov/irb/2020-06_IRB\\#REV-PROC-2020-11](IRS.gov/irb/2020-06_IRB#REV-PROC-2020-11) , to determine whether a creditor or taxpayer qualifies for relief. See Student loan indebtedness under Exceptions, later.  \nSpecific Instructions for Form 1099-A  \nFile Form 1099-A, Acquisition or Abandonment of Secured Property, for each borrower if you lend money in connection with your trade or business and, in full or partial satisfaction of the debt, you acquire an interest in property that is security for the debt, or you have reason to know that the property has been abandoned. You need not be in the business of lending money to be subject to this reporting requirement.  \nCoordination With Form 1099-C  \nIf, in the same calendar year, you cancel a debt of $600 or more in connection with a foreclosure or abandonment of secured property, it is not necessary to file both Form 1099-A and Form 1099-C, Cancellation of Debt, for the same debtor. You may file Form 1099-C only. You will meet your Form 1099-A filing requirement for the debtor by completing boxes 4, 5, and 7 on Form 1099-C. However, if you file both Forms 1099-A and 1099-C, do not complete boxes 4, 5, and 7 on Form 1099-C. See the Specific Instructions for Form 1099-C, later.  \nProperty  \n“Property” means any real property (such as a personal residence), any intangible property, and tangible personal property except the following.  \n• No reporting is required for tangible personal property (such as a car) securing a loan to an individual and held for personal use. You are still required to report when the property is held for investment or used in a trade or business.  \n• No reporting is required if the property securing the loan is located outside the United States and the borrower has furnished the lender a statemen","cbCairhoTs5cWQ7R","https://ap.wps.com/l/cbCairhoTs5cWQ7R","pdf",178467,6,"English","# Future Developments\n# What’s New\n# Reminders\n# Continuous-use revision\n# Online fillable Copy B\n# Guidance for creditors (Rev. Proc. 2020-11)\n# Specific Instructions for Form 1099-A\n# Coordination With Form 1099-C\n# Property\n# Who Must File\n## Multiple owners of a single loan\n## Governmental unit\n## Subsequent holder\n## Multiple lenders\n# When To File","[{\"question\":\"What events require filing Form 1099-A?\",\"answer\":\"File Form 1099-A for each borrower when you lend money in connection with your trade or business and, in full or partial satisfaction of the debt, you acquire an interest in secured property or have reason to know the property has been abandoned.\"},{\"question\":\"If debt cancellation happens in the same year, when is Form 1099-C required instead of Form 1099-A?\",\"answer\":\"If you cancel a debt of $600 or more in connection with a foreclosure or abandonment of secured property in the same calendar year, you generally do not file both; you may file Form 1099-C only.\"},{\"question\":\"Who must file Form 1099-A for loans with multiple owners or multiple lenders?\",\"answer\":\"For multiple owners of undivided interests, the trustee or similar capacity person must file on behalf of all beneficial owners; for multiple lenders where foreclosure impairs other lenders’ security interests, the other lenders must file for their own loans.\"}]","Instructions for Forms 1099-A and 1099-C - Rev. April 2025 | PDF",1789805470]