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Although the Federal tax code generally treats forgiven debt as taxable income, the American Rescue Plan (ARP) includes a measure that exempts which of the
Although the Federal tax code generally treats forgiven debt as taxable income, the American Rescue Plan (ARP) includes a measure that exempts which of the following from taxation through 2025?
A. Foreclosure
B. Repossession
C. Forgiven student loan debt
D. Abandonment of the property
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