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Taxation & Estate Planning

: TaxProf Blog

IRS Explains New Tax Relief for Homeowners Who Default on Their Mortgages

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The IRS today explained (IR-2008-17) how taxpayers who defauled on their mortgages can take advantage of new tax rules enacted in December: Homeowners whose mortgage debt was partly or entirely forgiven during 2007 may be able to claim special tax...

Full post as published by TaxProf Blog on February 12, 2008 (boomark / email).

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