If you received a 1099-C reporting forgiven or cancelled debt, you may be grappling with how to minimize the taxes you may have to pay as a result. Some taxpayers will be able to avoid paying taxes on ...
The Internal Revenue Service could collect more taxes from forgiven mortgage debt by expanding its information reporting and revising some of its forms, according to a new study from the General ...
PORTSMOUTH — Homeowners whose mortgage debt was partly or entirely forgiven during 2007 may be able to claim special tax relief by filling out a newly-revised Form 982 and attaching it to their 2007 ...
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