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You settled a debt for less than you owed. Here's what to expect when you file your taxes.

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Summary

Settling your debt can offer financial relief, but it may also create unexpected tax obligations.

Description from CBS News.

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  1. CBS News Leans left Factuality: High US
    You settled a debt for less than you owed. Here's what to expect when you file your taxes.

    Settling your debt can offer financial relief, but it may also create unexpected tax obligations.

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