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The Water Cooler
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Student Loan (Repayment)
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<blockquote data-quote="SoonerP226" data-source="post: 3845433" data-attributes="member: 26737"><p>Normally, debt forgiveness (f'rinstance, if you negotiate a $5K payoff of a $20K credit card debt) can be reported to the IRS, which counts it as taxable income. According to the report I heard this morning, Brandon's program is supposed to be different, and they're not going to count it as taxable income.</p></blockquote><p></p>
[QUOTE="SoonerP226, post: 3845433, member: 26737"] Normally, debt forgiveness (f'rinstance, if you negotiate a $5K payoff of a $20K credit card debt) can be reported to the IRS, which counts it as taxable income. According to the report I heard this morning, Brandon's program is supposed to be different, and they're not going to count it as taxable income. [/QUOTE]
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The Water Cooler
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Student Loan (Repayment)
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