It depends on what you negotiated with the lender. It may be that they released you from obligation after the short sale and it will only show the loan paid off. Then again they might hold you responsible for the remaining balance as well. Or they could just send the IRS an income report for the difference.
Basically, it really depends on what you negotiated with the lender.
What will show up on your credit report if you have short sale on your house? Will it be negative ?
A short sale may be viewed as loan forgiveness or a loan settlement and not paid in full. Moreover it may be viewed as unpaid debt which is considered income by the IRS.
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