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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] CA Income tax on short sale deficiency Posted by Livia on March 03, 2010 at 5:29 PM Hi, there was a post about this dated a few years ago, which related to foreclosures in CA. Basically, that there's no deficiency judgement permitted as a result of the foreclosure and therefore no 1099 is issued. Is the CA tax policy still the same and does it apply to Short Sales as well as foreclosures? Thank you for your help. Livia Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Hi, : there was a post about this dated a few years ago, which related to foreclosures in CA. Basically, that there's no deficiency judgement permitted as a result of the foreclosure and therefore no 1099 is issued. : Is the CA tax policy still the same and does it apply to Short Sales as well as foreclosures? : Thank you for your help. : Livia [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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