stock options, andfringe benefits, and how to report their income from business partnerships, real estate investments, and disability pensions. It also describes how certain employee types, such as military personnel and clergy, should report their income....
Learn more about taxes on gambling income. Cancellation of Debt The cancellation of debt is considered taxable income unless discharged in bankruptcy. You'll receive Form 1099-C for this. Some debts, like certain student loans, may be non-taxable. Learn more in Publication 4681—Canceled Debts,...