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by smsm42
5141 days ago
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I'd suggest you hire one, because it certainly looks like what IRS would consider income. If somebody - no matter who - forgives a loan for you, it is considered income. Otherwise nobody would pay any income tax as they would not have any income - they'd just have some loans that by some miracle are regularly forgiven. Every employer would have a loan forgiveness program instead of salary. I don't think IRS can be cheated as easily as that. |
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