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    Business
  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 5: Gross Income and Exclusions
  5. Question
    A Taxpayer Generally Includes in Gross Income the Amount of Debt
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A Taxpayer Generally Includes in Gross Income the Amount of Debt

Question 12

Question 12

True/False

A taxpayer generally includes in gross income the amount of debt forgiven by a lender.

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