MORTGAGE DEBT CANCELLATION TAXABILITY STATUS
WHAT IS STATUS OF MORTGAGE DEBT FORGIVENESS TAXABILITY ?
WHAT IS STATUS OF MORTGAGE DEBT FORGIVENESS TAXABILITY ?

Cancellation of debt is taxable income.

Qualified principal residence indebtedness up to $2,000,000 worth is exempted from income based on the law MFDRA of 2007. "Where do I enter?" button, canceled debt, 1099 C, read instructions.