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To: Tell It Right

Is that $10,000 taxable as income?


20 posted on 08/24/2022 8:52:57 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

I believe it is now, but I’m sure the Dims will at least try to pretend to make it not taxable income so they can blame the Republicans when their sheep college liberal arts degree holders (no offense to MBA holders) fuss about paying taxes on a gimme.


29 posted on 08/24/2022 8:54:42 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: dfwgator
Washington Post economic reporter Jeff Stein: "Due to a provision Schumer included in the American Rescue Plan last year, Biden's student debt forgiveness action will NOT be counted as taxable income -- key point"

Source.

66 posted on 08/24/2022 9:11:01 AM PDT by kristinn (Serving ten to life in paradise)
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To: dfwgator

Now THAT would be funny. One way to pay the new IRS employees.


89 posted on 08/24/2022 9:24:26 AM PDT by madison10 (Eat meat!)
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