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 ...
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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