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H.R. 2543: Mortgage Forgiveness Tax Relief Act of 2017

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on May 18, 2017.


Mortgage Forgiveness Tax Relief Act of 2017

This bill amends the Internal Revenue Code to extend through 2018 the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence.