What does one do if he cannot afford to pay his income taxes?I got involved in a conversation with a relative yesterday. He barely makes enough to get by on and has no extra money whatsoever. He was divorced a number of years ago and a lot of credit card debt was one of the issues. It was never paid off by either party.Yesterday in the mail, he received a 1099-C form stating that a credit card balance of more than $10,000 had been written off and that he now has to pay income tax on that amount. There's no way he can afford to do so.Does he have any options?
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