I have a business loss, investment property, and I am filling insolventcy on my debt that I just settled on last year. I show $43K on line 2 in Part 1, I just need a better definintion to Part 2 – Reduction of Tax Attributes – I’m looking for a forum or examples to really understand this. I do have some accounting backround. Any places to go or to shed a light?
By: Diane
About the Author:
By: Diane
About the Author:
Benjamin

Start by reading IRS publication 4681.