12
May

Mortgage Forgiveness Debt Relief

The IRS has provisions for excluding income from the discharge of debt. The IRS also attempts to explain what can be excluded:
Questions and Answers on Home Foreclosure and Debt Cancellation

The link is provided for informational purposes, I’m not going to interpret it.

This entry was posted on Monday, May 12th, 2008 at 4:02 pm and is filed under Debt Forgiveness. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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