Terry53029
Level 14
12-20-2019
11:07 AM
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"There is no exclusion for qualified principal residence indebtedness discharged in 2018 unless the discharge is subject to an arrangement that was entered into and evidenced in writing before January 1, 2018. Generally, the amount by which you benefit from the discharge of indebtedness is included in your gross income".
You can still file form 982 under rules of insolvency or bankruptcy