In 2010, Marie borrowed $10,000. In 2015, the debt was forgiven. Marie does not believe she should

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In 2010, Marie borrowed $10,000. In 2015, the debt was forgiven. Marie does not believe she should report the forgiveness of debt as income because she received nothing at the time the debt was forgiven in 2015. Do you agree or disagree? Support your position.
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Fundamentals Of Taxation 2016

ISBN: 9781259812774

9th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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