You should be asking your BK lawyer and your own CPA who's going to to file (and if necessary, defend) your tax return.
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To the extent that forgiven debt that otherwise would be a taxable event is in fact discharged in a bankruptcy there is in fact no tax. Debt discharged in a bankruptcy as opposed to forgiven is not taxable. However, income, like the stock sale, is income. Yes, see a CPA.
This answer is offered for informational purposes only. It is not offered as, and does not constitute, legal advice. Laws vary widely from state to state. You should rely only on the advice given to you during a personal consultation by a local attorney who is thoroughly familiar with state laws and the area of practice in which your concern lies.
I am not sure whether you mean a W-2 or Form 1099 that reports such sales. In either event, income is from whatever source derived and if this amount is being reported to the IRS as such it is taxable income. What may be confusing you is that discharge of indebtedness income via a bankruptcy is excluded from income. So if say you owed $300,000 in debt and after bankruptcy you did not owe this money any longer, such discharge would not be taxable income. In any event, you need to go over the factual details with your tax accountant or a tax attorney when preparing your income tax return. You also need to discuss with him the reduction of basis in assets or other tax attributes that are required under Section 108 of the IRC when there is discharge of indebtedness income.
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