To All Deadbeats Who Don't Pay Their Debt...

Thunk

Diamond Member
Sep 30, 2019
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If you have any portion of your student loans "forgiven" ...you must count that money as income and pay taxes on it :D

No wonder biden just doubled the number of IRS agents :)
 
If you have any portion of your student loans "forgiven" ...you must count that money as income and pay taxes on it :D

No wonder biden just doubled the number of IRS agents :)
AFAIK, Federal student loans will still have to be paid. There is no statute of limitation on them. I haven't heard anyone say the gov won't still try and collect for non-payment.

Anyone know about that?
 
If you have any portion of your student loans "forgiven" ...you must count that money as income and pay taxes on it :D

No wonder biden just doubled the number of IRS agents :)
Is that supposed to be a gotchya? Somebody gets 10k in loans forgiven and for that they have to pay $500 in taxes. Dang you sure got ‘em!
 
speaking of dead beats has trump cleaned up his debts? i doubt it.
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If you have any portion of your student loans "forgiven" ...you must count that money as income and pay taxes on it :D

No wonder biden just doubled the number of IRS agents :)
Biden and the democrats will follow suit and the US will default on their debt with the resultant war. The rest of the world isn't as forgiving as the US taxpayer when they are robbed of their hard-earned assets.
 
Yup, with 100% tax on that income. With the education (indoctrination) that the deadbeat's have gotten, they will believe they got a deal.
Nah, standard handling as income and maybe a gift tax, as they were certainly not owed money to pay off debt the decided to take on, to finance whatever education they thought they needed.
 

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