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Jan 24, 2026 Publication 4681 explains the federal tax treatment of: Canceled debts. Foreclosures. Repossessions. Abandonments. Current revision. PublicationRead more
A Form 982 should be used to claim the insolvency, bankruptcy, or Mortgage Forgiveness Debt Relief Act exclusions from income. IRS Publication 4681 can beRead more
Feb 28, 2026 What is a short sale? October 2020. Internal Revenue Service. Home Foreclosure and Debt Cancellation. Publication 4681.Read more