Re: What determines Insolvency for a 1099-C?
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Posted by LadynRed
(68.52.127.174) on July 31, 2004 at 16:03:28:
In Reply to: What determines Insolvency for a 1099-C? posted by JerNTN on July 31, 2004 at 00:20:18:
No. Its YOUR debts and YOUR assets that determine insolvency. If you have more liabilities than assets, you ARE insolvent.
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