When sending a 1099A, shouldn't the the red/pink copy go to the IRS as described in the IRS instructions when using the form? Then either the "borrower" or "lender" copy goes to the company and the other we keep for our records? 1099's have 3 copies and i was just wondering because it wasn't covered in the course, which copies to send and where.
There is specific instructions in the course and there are instructions for each copy and what to do with them. Also, there are IRS directions for each form that specifically tells you what to do with the forms.