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I have an exemption number entered on form NJ HCC but the shared responsibility payment is still being calculated and added as a tax. Shouldn't it be zero?
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The debt was a line of credit that was secured by principal residence which was abandoned. The line of cred was not used to improve the home. Not sure if that m...
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If the debt was recourse debt and the identifiable event code used in box 6 is G does that make the cancelled debt non taxable?