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A cancellation of debt being included in income results if the....... A. Canceled debt was intended as a gift B. Debtor was insolvent by more

A cancellation of debt being included in income results if the.......

A. Canceled debt was intended as a gift B. Debtor was insolvent by more than the amount of the canceled debt. C. Debtor was solvent at the time of debt cancellation. D. Debt was canceled through a chapter 7 bankruptcy

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