Couple Tells 10th Circ. $160K Debt Cancellation Not Income

By Yvonne Juris · May 3, 2019, 8:52 PM EDT

A Utah couple asked the Tenth Circuit Friday to reverse a U.S. Tax Court decision allowing nearly $160,000 in canceled debt to be considered taxable income, saying the husband was insolvent...

To view the full article, register now.