• Foreclosures
  • Short Sales
  • Deed-in-lieu of Foreclosure
  • Loan Modifications
  • Credit Card Debt Cancellation
  • Other Cancellation of Debt events

Determine how to correctly report the sale and determine the amount of Cancellation of Debt Income. An interview worksheet reminds you of the questions to ask. Learn where to get the numbers your client can't provide and why the 1099s often do not include the information that you need to complete the return. Find out why your can "choose" the sale price you want to use. A complete set of Excel worksheets will lead you through the process step-by-step and do the calculations for you. They will be an indispensable resource for you in preparing these returns. (Audio/visual presentation is 250 minutes)

Part 1 - Foreclosures, Short Sales, & Other COD (5 hours)

Price: $150.00
* Marked fields are required.
Qty: *