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

India-USA

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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Nov 6, 2026 · Updated 11/6/2026, 4:14:05 PM · Reported with: CBS News

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