USEFUL LINKS & TAX CONSEQUENCES.


IRS Publication 908, Bankruptcy Tax Guide: http://www.irs.gov/pub/irs-pdf/p908.pdf


Form 982, Reduction of Tax Attributes due to Discharge of Indebtedness:http://www.irs.gov/pub/irs-pdf/f982.pdf


IRS Publication 523, Selling Your Home: http://www.irs.gov/publications/p523/index.html


Form 1040, Schedule D, Capital Gains and Losses: http://www.irs.gov/pub/irs-pdf/f1040sd.pdf


Form 1099-C, Cancellation of Debt : http://www.irs.gov/pub/irs-pdf/f1099c.pdf


Form 1099-A, Acquisition or Abandonment of Secured Property: http://www.irs.gov/pub/irspdf/f1099a.pdf


1099 Information: http://www.irs.gov/faqs/faq4-4.html

 

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