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How to use the Insolvency Exclusion from Debt Forgiveness Tax ...

As stated in the FTB Tax News dated February, 2010 http://www.ftb.ca.gov/professionals/taxnews/2010/February/Article_8.shtml “if the loan is recourse indebtedness and the debtor incurs cancellation of indebtedness income (CODI), ...


Steve Beede - http://stevebeede.com/

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