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nexisfan17 karma
ITT: mainly people actually from glxp. It's confusing.
At any rate, I have no questions, but thanks for being most likely the most responsive AMA ever!
nexisfan2 karma
In my region, that's a well known Christian station, not classical NPR. BBN for lyfe
nexisfan1 karma
Well, the taxes are not going to be more than or even close to as much as the amount forgiven, but yes, any forgiveness of debt is typically considered income for tax purposes. So unless we take over and sneak a new tax break into the code in ~20 years, you will be taxed on the amount forgiven.
nexisfan266 karma
Right? Lol Reddit’s lawyers would never advise taking this down. They might send a whole bunch of accounts to do what the second currently-highest comment is doing tho… lol
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