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CODI
(redirected from Cancellation of Debt Income)

   Also found in: Wikipedia 0.01 sec.
AcronymDefinition
CODICornucopia Of Disability Information
CODICommittee on Development Information
CODICustomers of Dynix, Inc. (user group)
CODICertificate of Deposit Index
CODICost of Deposit Index (mortgage adjustment index)
CODIConsortium Omscholing Docenten Informatica (The Netherlands)
CODICancellation of Debt Income (US IRS)


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Financially distressed individuals are often unaware that cancellation of debt income (CODI) can increase their tax liability.
These timing rules will result in the deferred cancellation of debt income being recognized over five taxable years beginning with 2014.
Too much debt yields cancellation of debt income under Treas.
 
 
 
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