Re: What does this mean about taxes then?

Posted by Jade (216.130.15.18) on April 14, 2002 at 16:48:55:

In Reply to: Re: What does this mean about taxes then? posted by Why Chat on April 14, 2002 at 15:52:57:

So, if you get a 1099 from a creditor and you pay taxes on the amount that was written off, then they can't continue to try and collect or sell that account to a CA, right? After all, if I paid taxes on that amount, I'm sure not going to turn around and settle that debt.

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