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To: CFW

Pretty sure a forgiven loan amount is considered taxable income so there’s that at least.


13 posted on 05/08/2023 1:06:34 PM PDT by mikey_hates_everything
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To: mikey_hates_everything; CFW

I got a forgivable loan over 45 years ago. I had to send proof of employment in a covered field to get the loan cancelled. I never had to declare the cancelled loan as income.

I believe SloJo just expanded the covered employment to include Starbucks and Popeye’s Chicken.


15 posted on 05/08/2023 2:04:12 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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