How do I report a debt settlement to the IRS?

Related FAQs

Can I negotiate a lower interest rate as part of a debt settlement?
How do I know if a debt settlement company is reputable?
When can I start making payments on my debt settlement?
Are there any legal requirements to debt settlement?
Can I settle a debt if I’m unemployed?
Can I be sued while in the process of settling a debt?
When is it best to pursue debt settlement?
Can a debt settlement company guarantee a successful settlement?
What if the creditor refuses to settle the debt?
What will happen to my credit score after a successful debt settlement?

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