Cancellation of Debt - Qualified Real Property Business Debt Worksheet

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This tax worksheet determines if a taxpayer is qualified to exclude income from the discharge of qualified real property business debt and to calculate the amount of excludable income.

For further assistance:

  • Click the Tax Forms item group Tax forms button to view Form 982 – Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment).
  • Visit the IRS website to view the Form 982 instructions.

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