A taxpayer collects a debt that was previously written off as a bad debt. What tax consequences

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A taxpayer collects a debt that was previously written off as a bad debt. What tax consequences arise if the recovery is received in a subsequent tax year?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Dec 11, 2015 02:05 AM

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A taxpayer collects a debt that was previously written off as a bad debt. What tax consequences

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Federal Taxation 2016 Comprehensive

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