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Shelvy underwent a foreclosure on her principal residence which eventually resulted in a discharge of qualified principal residence indebtedness that concluded in the middle of the 2020 tax year. How much of this can she discharge from her California return? .

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Shelvy underwent a foreclosure on her principal residence which eventually resulted in a discharge of qualified principal residence indebtedness that concluded in the middle of the 2020 tax year. How much of this can she discharge from her California return? All of it. $400,000 None of it. $800,000

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