These Are My Beloved Children, in Whom I Am Well Pleased

[CarlinAnnArbor]

Seems to be a trend catching on among Christian's. Hope it continues.

Each year, the church donates its collections from Easter Sunday to various causes, Wyche said. They’ve previously made donations to Food Gatherers and Habitat for Humanity, and helped create housing for the formerly incarcerated through the group Religious Action for Affordable Housing.

But this year, Wyche proposed a new cause.

He was inspired by a story in The New York Times about two women eliminating medical debt for more than a thousand New Yorkers, as well as a segment on “Last Week Tonight” with John Oliver about the nonprofit charity RIP Medical Debt. The organization buys debt portfolios, but, rather than acting as a debt collector, forgives the debt.

Ann Arbor church eliminates $2.9M in medical debt for Southeast Michigan residents


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[EvilCat Breath]

And all those people promptly get a 1099 to pay taxes on the amount forgiven. Debt that was probably written off years ago.

 

[CarlinAnnArbor]

And all those people promptly get a 1099 to pay taxes on the amount forgiven. Debt that was probably written off years ago.

According to the IRS, if you received a 1099-C tax notice that you had "income" from canceled or forgiven credit card debts, you may not have to pay taxes on some or all of that income. If your liabilities exceeded your assets when you settled the debt, then you were insolvent, according to the IRS.Feb 14, 2012

 

[Likkmee]

And all those people promptly get a 1099 to pay taxes on the amount forgiven. Debt that was probably written off years ago.

SHHHHHHHHHHHHHHHHHHH ! Merikants HATE reality