If another person cancels or pays your debts, but not as a loan or gift, have you
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If another person cancels or pays your debts, but not as a loan or gift, have you constructively received this amount, and generally must you include it in your gross income for the year?
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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