http://lenderama.com/2009/05/21/forgiven-debt-taxable/ The Original Mortgage Blog. Providing the Mortgage Industry with News and Information Since 2005. Wed, 10 Mar 2010 20:33:02 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://lenderama.com/2009/05/21/forgiven-debt-taxable/comment-page-1/#comment-4304 ashley Mon, 15 Jun 2009 19:20:55 +0000 http://lenderama.com/?p=2619#comment-4304 thanks for this info, it helped me greatly. Thanks for being on our side too! thanks for this info, it helped me greatly. Thanks for being on our side too!

]]> http://lenderama.com/2009/05/21/forgiven-debt-taxable/comment-page-1/#comment-4303 Fargo Sat, 23 May 2009 17:43:51 +0000 http://lenderama.com/?p=2619#comment-4303 Thank You for the tips Wade. Thank You for the tips Wade.

]]> http://lenderama.com/2009/05/21/forgiven-debt-taxable/comment-page-1/#comment-4306 Wade Young Sat, 23 May 2009 01:50:29 +0000 http://lenderama.com/?p=2619#comment-4306 I wouldn't just want it for credit cards. I think Congress should do away with the tax on ALL forgiven debt. I wouldn't just want it for credit cards. I think Congress should do away with the tax on ALL forgiven debt.

]]> http://lenderama.com/2009/05/21/forgiven-debt-taxable/comment-page-1/#comment-4305 Pling Fri, 22 May 2009 17:14:15 +0000 http://lenderama.com/?p=2619#comment-4305 Logic's sound, but doing away with this tax opens the doors for many, many similar situations. If Congress agress to this, they and the IRS would be deluged by a flood of special interests demanding the same for their sectors. I think you're going to have to wait until they go in for a comprehensive tax code overhaul. Logic's sound, but doing away with this tax opens the doors for many, many similar situations. If Congress agress to this, they and the IRS would be deluged by a flood of special interests demanding the same for their sectors. I think you're going to have to wait until they go in for a comprehensive tax code overhaul.

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