Analysis of the Tax Exclusion for Canceled Mortgage Debt Income [electronic resource]

Provides overview and analysis of current tax treatment of canceled debt income; and describes P.L. 110-142, the Mortgage Forgiveness Debt Relief Act of 2007, which excludes canceled qualified residential debt from income when calculating taxes, and prior legislation. Addresses policy options.

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Bibliographic Details
Online Access: Full Text (via ProQuest)
Corporate Author: Library of Congress. Congressional Research Service
Format: Electronic eBook
Language:English
Published: [S.l] : [s.n.], 2008.
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Full Text (via ProQuest)

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Call Number: CRS-2008-GVF-0886
CRS-2008-GVF-0886 Available