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I received a 1099C from a boat we surrendered in 2013. Why do I have to pay taxes on this amount when we surrendered the boat?

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  • I received a 1099C from a boat we surrendered in 2013. Why do I have to pay taxes on this amount when we surrendered the boat?


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... we surrendered in 2013. Why do I have to pay ... I received a 1099C from a boat we surrendered in 2013. Why do I have to pay taxes on this amount ...
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Positive: 91 %
... or you have reason to ... 1099-A and Form 1099-C, Cancellation of Debt, ... Do not file Form 1099-C when fraudulent debt is
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Positive: 88 %

More resources

Provincial Sales Tax (PST) Bulletin ... on the total amount you pay to receive title to the boat, ... If you received the boat as a gift, ...
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Positive: 91 %
How to Report a Foreclosed Rental House on Your Taxes. ... to pay it back, then any amount in excess of the ... your taxes, we’ll calculate your ...
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Positive: 86 %
Are legal settlements taxable? ... the amount received by Company C from its landlord’s breach of the lease contract is not taxable ... File & pay taxes.
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Positive: 72 %
If you do not title the boat, ... boat/vessel you will pay: ... the boat or vessel or proof that applicable taxes have been paid; Boat or vessel ...
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Positive: 49 %

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