1099 Reporting: Foreclosures, Repossessions & Debt Settlements
October 22, 2025
Live Webinar
DateOct 22, 2025Duration90 minutes
08:00 AM PDT09:00 AM MDT
10:00 AM CDT11:00 AM EDT
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
It’s that time of year! Are you prepared to correctly complete IRS Forms 1099-A, 1099-C, and 1099-INT?
Using both basic and complex
scenarios, this program will review each form in detail, so you know exactly
what to report and where. It will also address common pitfalls, the various
triggering events, and how to avoid costly penalties.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Determine when to issue Form 1099-A versus Form 1099-C
- Explain the IRS rules for reporting discharged debt, deficiency balances, and property take-backs
- Understand repossessions during bankruptcy for cars, equipment, and secured personal property
- Explain the special rules for mortgages and foreclosures under § 6050J
- Identify the electronic filing thresholds and deadlines, and penalties for noncompliance
WEBINAR DETAILS
Are you ready for year-end tax reporting? This
in-depth webinar will teach you the critical Form 1099 reporting requirements
for foreclosures, repossessions, charge-offs, and debt settlements. You’ll discover
when and how to correctly issue IRS Forms 1099-A, 1099-C, and 1099-INT. Real-world
scenarios will be used to walk through mortgage foreclosures, repossessions,
charged-off debts, bankruptcy discharges, and settlements – all from the lender’s
perspective. Join us to learn how to correctly interpret “identifiable events,”
determine the fair market value of collateral, handle non-recourse loans, and
report deficiencies in a compliant manner. This webinar will equip you with the
clarity and confidence you need to ensure accurate year-end tax reporting.
WHO SHOULD ATTEND?
This informative session
will benefit all deposit operations personnel, loan operations staff,
accounting clerks, tax personnel, accountants, managers, compliance officers,
auditors, and attorneys.
TAKE-AWAY TOOLKIT
- Quick reference guide to 1099-A and 1099-C rules
- Copies of the IRS forms and their instructions
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Spencer Fane LLP
© 2025 FINANCIAL EDUCATION & DEVELOPMENT, INC
