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Form 1099-C is used to report which of the following? A. Amounts past due to aid in collection B. Cancellation debt made by an individual

Form 1099-C is used to report which of the following?

A. Amounts past due to aid in collection
B. Cancellation debt made by an individual lender in their personal capacity
C. Only taxable cancellation of debt
D. Cancellation of debt in an amount exceeding $600

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