YouTube: Mortgage Debt Forgiveness
Taxpayers may not need to report forgiven mortgage debt as income on their tax returns. Get more information by watching this new YouTube video.
Watch this and other videos on the IRS YouTube Channel.
- Mortgage Debt Relief – Is My Forgiven Debt on My Home Still Tax Free? (turbotax.intuit.com)
- How To Report Debt Canceled on Form 1099-C (turbotax.intuit.com)
- Update: The Mortgage Debt Forgiveness Tax Break (calculatedriskblog.com)
- Iceland forgives mortgage debt of its population (talesfromthelou.wordpress.com)
- DSnews.com: Obama Proposes Extending Tax Waiver on Mortgage Debt Forgiveness (foreclosure-avoidance.com)
- Mortgage Debt Forgiveness Relief Act 2014 (marchrisinvestment.wordpress.com)