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16. Cancelled debt from Form 1099-C, Cancellation of Debt, is reported on Fran's tax return as: Wages b. Other income c. Capital gain d. It

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16. Cancelled debt from Form 1099-C, Cancellation of Debt, is reported on Fran's tax return as: Wages b. Other income c. Capital gain d. It is not reported on the return

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