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Version vom 22. August 2026, 02:44 Uhr
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Debt forgiveness, you see, is treated as taxable income. Why? Within a nutshell, particularly gives you money and website pay it back, it's taxable. Like you have to pay taxes on wages from any job. Part of the reason your debt forgiveness is taxable is they otherwise, it would create a large loophole in the tax password. In theory, your boss could "lend" cash every 2 weeks, and the end of the year they could forgive it and none of it would be taxable.
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