How do I report a debt settlement to the IRS?

Related FAQs

What is the difference between debt settlement and debt consolidation?
How can I ensure I don’t fall behind on payments during the settlement process?
How do I know if debt settlement is right for me?
Can I negotiate a debt settlement without a debt settlement company?
How do I report a debt settlement to the IRS?
Is debt settlement a good way to reduce debt?
Can I negotiate multiple debts at once during the settlement process?
What is the difference between debt settlement and debt management?
What if I can’t pay the full amount of a debt settlement?
What penalties or interest can creditors charge when settling debt?

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