Via CNN MONEY
NEW YORK (CNNMoney) — Did you lose your house to foreclosure this year? Did your lender forgive some of your mortgage debt because the house sold for less than it the mortgage balance?
If so, you could be facing a big tax hit.
Categorized | STOP FORECLOSURE FRAUD
Foreclosed? The tax man may want his cut
Posted on15 April 2011. Tags: 1099, 1099S, deficiency judgment, Equity Line, foreclosure, heloc, improvements, irs, student loan, tax
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