Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

question everything

(49,433 posts)
5. I think that whenever a debt is forgiven, it is considered an income
Wed Sep 7, 2022, 09:48 AM
Sep 2022

I think that during the last recession, when many owed more on their houses than the house's value and they were negotiating with the mortgage holders, this was an issue.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Region Forums»Minnesota»Minnesota may tax student...»Reply #5