Taxes and timeshare cancellation

Taxes and Timeshare Cancellation Timeshare Law Aaronson Law FirmIn conjunction with the timeshare cancellation that we may obtain on your behalf, there is the possibility that you will receive a form 1099c from the timeshare developer reflecting cancellation of debt which entitles them to a tax deduction. To a corresponding extent, this also causes the imputation of income for debt ‘forgiveness’ on your tax account. However, there exist certain exceptions to this principal which could result in an exclusion. You should speak with a qualified tax consultant in order to find out if you qualify.

Learn More about taxes and timeshare cancellation from the Timeshare Lawyer who has you in mind at www.aaronsonlawgroup.com
If you want to know more please view our resume

A Timeshare Attorney that cares about your bottom line

Follow us on Facebook

Leave a Reply

Your email address will not be published. Required fields are marked *