It’s Taxes from A to Z. Today: C is for canceled debt.
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Understanding Your Tax Forms 2016: Form 1099-C, Cancellation of Debt
Trying to figure out your tax forms? Here’s the next in my handy-dandy forms primer: 1099-C, Cancellation of Debt.
Read MoreAsk the Taxgirl: Mortgage Forgiveness
Taxpayer asks: I have a 1099-c from a short sale on my house, I was hoping to be granted an exemption because of the Mortgage
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