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    • What is a 1099-C Cancellation of Debt form?

      What is a 1099-C Cancellation of Debt form?

      Bankrate via AOL· 4 months ago

      Key takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt on your behalf. You must include...

    • Personal loans: Are they taxable income?

      Personal loans: Are they taxable income?

      Bankrate via AOL· 4 months ago

      Key takeaways Personal loans are a lump sum of money that can be used for nearly any purpose. The money is only taxable in the event that the loan is...

    • Is car insurance tax deductible?

      Is car insurance tax deductible?

      Bankrate via Yahoo Finance· 4 months ago

      Car insurance can only be claimed as a tax deduction in specific circumstances. It can’t be deducted for personal vehicles, but if your vehicle is used...