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Which of these taxpayers would most likely have to include forgiveness of debt as income? a . A taxpayer who is bankrupt b . A
Which of these taxpayers would most likely have to include forgiveness of debt as income?
a A taxpayer who is bankrupt
b A taxpayer who used the loan for college tuition and books
c A taxpayer who used the loan to purchase a vacation home
d A taxpayer who used the loan to purchase a principal residence
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