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Imagineer66

10/11/16 12:00 PM

#1461 RE: xdjmand1 #1460

Per IRS Pub 908, Pg 26. Exclusions
"Do not include a canceled debt in gross income
if:
The cancellation takes place in a bank-
ruptcy case under the Bankruptcy Code,"

https://www.irs.gov/pub/irs-pdf/p908.pdf