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Cancellation of personal debt such as for credit card debt is not income subject to PA personal income tax and is not reportable. PA does not use federal AGI in any way to calculate the PA tax.
If the debt was related to business expenses then it would be reported. Here's a good summary:
Cancellation of personal debt such as for credit card debt is not income subject to PA personal income tax and is not reportable. PA does not use federal AGI in any way to calculate the PA tax.
If the debt was related to business expenses then it would be reported. Here's a good summary:
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