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23iSTATE OF TEXASCOUNTY OF FORT BENDAddendum To Jetty Master Services Agreements ADDENDUM(\” Addendum\”)is entered into by and between Fort Bend County, (\” Client\”), a body corporate and
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K-CP-7 is a tax form used to report cancellation of debt income.
Individuals or businesses who have had debt canceled or forgiven are required to file K-CP-7.
To fill out K-CP-7, you will need to provide information about the canceled debt, including the amount forgiven and the reason for the cancellation.
The purpose of K-CP-7 is to report canceled debt income to the IRS.
On K-CP-7, you must report the amount of debt canceled, the reason for cancellation, and any applicable exemptions or exclusions.
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