California Enacts Mortgage Forgiveness Debt Relief

[JRS]

http://www.ftb.ca.gov/aboutFTB/press/2010/Release_22.shtml

[Tax Prep by Deb]

Thanks for the link. I've been watching and hoping for this but the few clients that I could have used this for was able to discharge the income due to insolvency. It's just that it would have been a whole lot easier if California had conformed all along.

Deb!