ResCap Liquidating Trust Announces Posting of Amended 2014 Beneficiary Tax Information

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Jun 12, 2015, 12:28 ET

MINNEAPOLIS, June 12, 2015 /PRNewswire/ -- The ResCap Liquidating Trust (the "Trust") announced today that it has posted an Amended 2014 Trust Beneficiary Information for U.S. Federal and State Income Tax Purposes Letter, as well as an Amended 2014 Trust Beneficiary Tax Worksheet for U.S. Federal Income Tax Purposes for Beneficiaries of Trust Units for the calendar year 2014 to the Trust's website.

The amendments reflect an increase in the Trust's short-term capital losses from $21,163,791 to $22,794,417 (an increase of $0.017 per unit) and a corresponding decrease in the Trust's long-term capital loss of $1,630,626 to a long-term capital gain of $100,082 (a decrease of $0.017 per unit). All other amounts are unchanged.

The 2014 Trust Beneficiary Tax Worksheets for State Specific Income Tax Purposes for Beneficiaries of Trust Units for the calendar year 2014 will be posted at a later date after all Trust state tax returns have been completed. The Trust is targeting the posting of these worksheets on or before July 15, 2015.

The Trust's website is rescapliquidatingtrust.com.

SOURCE ResCap Liquidating Trust