IRS Notice 2011-14
Funds paid on behalf of financially struggling homeowners under both federal and state assistance programs to prevent foreclosure and stabilize the housing market are exclude-able from income. 1099’s need not be issued.
IRS Notice 2011-14
Funds paid on behalf of financially struggling homeowners under both federal and state assistance programs to prevent foreclosure and stabilize the housing market are exclude-able from income. 1099’s need not be issued.