I received mortgage assistance funds from the Hardest Hit Fund. Does this need to be reported as income?

jmikemal01 — Wed, 05 Jun 2019 02:56:17 GMT

You do not have to report funds from the Hardest Hit Fund...

NicoleU — Wed, 05 Jun 2019 02:56:18 GMT

You do not have to report funds from the Hardest Hit Fund.

The IRS has determined that the payments made under the State Programs with funds from the HFA Hardest Hit Fund promote the general welfare and are excluded from gross income under the general welfare exclusion.

For more information, you can review the IRS webpage link below:

https://www.irs.gov/irb/2011-11_IRB/ar06.html

topic I received mortgage assistance funds from the Hardest Hit Fund. Does this need to be reported as income? in Retirement tax questions

I received mortgage assistance funds from the Hardest Hit Fund. Does this need to be reported as income?

You do not have to report funds from the Hardest Hit Fund...