How do I report a debt settlement to the IRS?

Related FAQs

Can a creditor challenge a debt settlement?
Who should I contact to settle my debt?
Can I negotiate multiple debts at once during the settlement process?
What happens if a debt settlement is not completed on time?
Are there any legal risks associated with debt settlement?
Can I negotiate a debt settlement without the help of an attorney?
What if I can’t pay the full amount of a debt settlement?
How much money can I save by settling a debt?
How will I know if a debt settlement offer is fair?
When can I start making payments on my debt settlement?

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