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Which of these taxpayers would most likely have to include forgiveness of debt as income? a. A taxpayer who used the loan to purchase a

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

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