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What if I lose my home through foreclosure?

通知 :历史内容

这是一份档案或历史文件,可能无法反映当前的法律,政策或程>序。

Under the Mortgage Forgiveness Debt Relief Act of 2007, taxpayers generally can exclude income from the discharge of debt on their principal residence or mortgage restructuring. This exception does not apply to second homes or vacation homes. In some cases, you may be able to file an amended tax return for previous tax years. 

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