Question: In 2 0 1 8 , Anna borrowed $ 6 , 0 0 0 . In 2 0 2 3 , the debt was forgiven.

In 2018, Anna borrowed $6,000. In 2023, the debt was forgiven. Anna does not believe she should report the forgiveness of debt as income because she received nothing at the time the debt was forgiven in 2023.

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