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MID YEAR TAX UPDATE 2013 - Gibson & Perkins, PC
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The 2007 Mortgage Forgiveness Debt Relief Act, extended through the end of 2013, specifically excludes forgiven mortgage debt from income. At least, According to the Internal Revenue Service, ... Fetch Doc

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2008 Emergency Economic Stabilization Act 10 3 08
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Or before deadline Cancellation of Debt and must report the amount as income on Line 21 of Form 1040 Mortgage Forgiveness Debt relief Act of 2007 – taxpayers may exclude debt Voluntary Income Tax Assistance Supported & monitored by the Internal Revenue Service Provide ... Fetch Full Source