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Revisión actual del 17:53 5 oct 2024
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Debt forgiveness, you see, is treated as taxable income. Why? Within a nutshell, you have to be gives you money and you will not pay it back, it's taxable. Like you have pay out taxes on wages from any job. System of the reason your debt forgiveness is taxable is they otherwise, end up being create a giant loophole in the tax rules. In theory, your boss could "lend" you money every 2 weeks, and the end of the season they could forgive it and none of fascinating taxable.
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