File 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.

About Our Software...

Copy A has the look and feel of a normal sheet of paper printed with a special red ink.  If you submit Copy A by mail to the IRS, it must be submitted on their page with their special ink. Copy B and Copy C of the 1099-MISC can be printed on ordinary paper or on the tissue-like paper the IRS provides.

With our software, you:

1. Type information on the screen as it would be typed on the form itself.
    

2. Detach the perforated edge from Copy A and then insert  into your printer.
    

3. Print your data neatly on top of the form.

It's as simple as 1, 2, 3!

Data entered may be stored/saved anywhere on your hard drive or to external diskettes for quick retrieval.