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Can You Cancel a Life Insurance Policy? | Finance Strategists

What Is a Life Insurance Policy? A life insurance policy is fundamentally a contract between an individual, often referred to ...
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What is a 1099-C Cancellation of Debt form?

You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt. You must include the amount of canceled debt on your federal tax return as a part of your ...