In Which case will the taxpayer be able to exclude all income from their cancelled debt? Tax taxpayer:

a-Received a Form 1099-C with $17,400 in box 2 and $15700 in box 7, and they were inslovent by $15800

b-Had a debt of $5400 cancelled. Immdiately prior to the debt, they were insolvent by $2750

c-Had $11500 of debt cancelled, Immediately prior to the cancellation, they were inslovnet by $12000

d-Had a debt of $7850 cancelled. Immediatley prior to the debt, they ere inslovent by $6500