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  • 1099-C surprise: Canceled debt often taxable as income
  • January 23, 2016
  • Many consumers aren't aware that forgiven credit card debt may be taxable income, and it shows up on an IRS 1099-C form

  • View more at: http://www.creditcards.com/credit-card-news/forgiven-debt-1099C-income-tax-3513.php?aid=2741cce8&rss_lnk=25