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Debt relief on car loan

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    #1

    Debt relief on car loan

    Would debt relief income on a defaulted car loan be sourced to the state of residence when the debt was canceled or to the state of residence when the car was purchased?
    Evan Appelman, EA
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    #2
    Originally posted by appelman View Post
    Would debt relief income on a defaulted car loan be sourced to the state of residence when the debt was canceled or to the state of residence when the car was purchased?
    To the state of current residence.
    ChEAr$,
    Harlan Lunsford, EA n LA

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