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student loan lifehack: never pay student loans, flee to new zealand
| brass big temple | 02/17/18 |
| Awkward center | 02/17/18 |
| floppy pozpig ticket booth | 02/17/18 |
| brass big temple | 02/17/18 |
| overrated friendly grandma codepig | 02/17/18 |
| overrated friendly grandma codepig | 02/17/18 |
Poast new message in this thread
Date: February 17th, 2018 5:49 AM Author: brass big temple (http://www.autoadmit.com/thread.php?thread_id=3895672&forum_id=2#35423337) |
Date: February 17th, 2018 6:02 AM Author: Awkward center (http://www.autoadmit.com/thread.php?thread_id=3895672&forum_id=2#35423347) |
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Date: February 17th, 2018 7:47 AM Author: floppy pozpig ticket booth this is dumb. i know some dumb fag that did this only to germany
his creditors (claimed student debt but graduated UT in 1993 so this would seem unlikely) filed IRS debt forgiveness forms so he ended up in debt to the IRS. Which they will chase you all around the world for. |
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Date: February 17th, 2018 12:37 PM Author: brass big temple Was the debt to the IRS less than his original debt? (http://www.autoadmit.com/thread.php?thread_id=3895672&forum_id=2#35424717) |
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Date: February 17th, 2018 12:42 PM Author: overrated friendly grandma codepig Yes, it's counted as income and they tax you on the income. So would take a lot of interest to make the tax debt bigger. But see below re whether it's income. (http://www.autoadmit.com/thread.php?thread_id=3895672&forum_id=2#35424747) |
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Date: February 17th, 2018 12:41 PM Author: overrated friendly grandma codepig You're only liable for forgiveness of indebtedness income if you're solvent at the time of forgiveness. If you're insolvent it's not income, up to the amount of your insolvency. (http://www.autoadmit.com/thread.php?thread_id=3895672&forum_id=2#35424733) |