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	<title>The Guide to Cancellation of Debt &#187; Mortgage Discharge</title>
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	<link>http://cancellationofdebt.org</link>
	<description>Your Source For Cancellation of Debt Info</description>
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		<title>Form 1099-C: How to Report a 1099-C</title>
		<link>http://cancellationofdebt.org/form-1099-c-how-to-report-a-1099-c</link>
		<comments>http://cancellationofdebt.org/form-1099-c-how-to-report-a-1099-c#comments</comments>
		<pubDate>Sun, 24 Oct 2010 14:37:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[1099-C]]></category>
		<category><![CDATA[Forgiveness of Debt]]></category>
		<category><![CDATA[Mortgage Debt Relief]]></category>
		<category><![CDATA[Mortgage Discharge]]></category>
		<category><![CDATA[1099-A]]></category>

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		<description><![CDATA[With all the foreclosures and short sales in today&#8217;s economy, a quick overview of the Form 1099-C reporting rules is helpful for many filers.  The IRS is making an effort to take a closer look at these forms and it will not be surprising if we see more audits as a result. Financial institutions are [...]]]></description>
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		<title>Debt Forgiveness &amp; Income Exclusions</title>
		<link>http://cancellationofdebt.org/debt-forgiveness-income-exclusions</link>
		<comments>http://cancellationofdebt.org/debt-forgiveness-income-exclusions#comments</comments>
		<pubDate>Fri, 25 Dec 2009 19:34:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[1099-C]]></category>
		<category><![CDATA[Debt Forgiveness]]></category>
		<category><![CDATA[Mortgage Discharge]]></category>
		<category><![CDATA[debt forgiveness income]]></category>
		<category><![CDATA[forgiveness income]]></category>
		<category><![CDATA[mortgage forgiveness debt]]></category>

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		<description><![CDATA[The general rule when it comes to debt forgiveness is that it is taxable. But there are some exceptions. The most common situations when debt forgiveness income is not taxable involve bankruptcy, the Mortgage Forgiveness Debt Relief Act, insolvency, and certain farm and business indebtedness. Discharges in bankruptcy can generally be excluded. If you think [...]]]></description>
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