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there is a possibility that you can avoid taxation on some or all of the debt discharge - form 982.
this includes
bankruptcy
insolvency
reduction of certain tax attributes
https://www.irs.gov/forms-pubs/about-form-982
this can be tricky so if you think you can avail yourself of one of the items, you may want to consult a tax pro to make sure it's done properly.
Thank you.
you message is totally confusing.
see this from the IRS which should answer whatever questions you have.
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