Franklin

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

Author/Creator:
Library of Congress. Congressional Research Service.
Publication:
[S.l] : [s.n.], 2007.
Format/Description:
Government document
Book
1 online resource (17 p., digital, PDF file)
Subjects:
Income tax.
Economic policy.
Mortgages.
Summary:
Provides overview and analysis of current tax treatment of canceled debt income; and describes H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007, to exclude canceled qualified residential debt from income when calculating taxes, and prior legislation. Addresses policy options.
Notes:
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Other format:
Microfiche version: Library of Congress. Congressional Research Service. Analysis of the Proposed Tax Exclusion for Canceled Mortgage Debt Income
Access Restriction:
Restricted for use by site license.
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