How do I report a debt settlement to the IRS?

Related FAQs

What happens if I miss a payment on a debt settlement?
What is the best way to document a debt settlement?
How do I report a debt settlement to the IRS?
What should I do if I can’t agree on a settlement amount?
Are there any tax implications of debt settlement?
Are there any risks associated with using a debt settlement firm?
Is debt settlement reported to credit bureaus?
How do I know if a debt settlement company is reputable?
Can I negotiate multiple debts at once during the settlement process?
Is there a statute of limitations on debt settlement?

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