Assertion: debt forgiveness | /r/HasProperty | tax-free
Facets:
value: to borrowers
type: TRANSITIVE-OBJECT
Source sentences:
text: The debt forgiveness is tax-free to borrowers, but can they deduct the forgiven expenses even though the government effectively paid them?
text: The debt forgiveness is tax-free to borrowers, but can they deduct the forgiven expenses even though the government effectively paid them?
text: What we know: The Act provides that the debt forgiveness is tax-free, and IRS The Act provides that the debt forgiveness is tax-free, and IRS Notice 2020-32 (issued April 30, 2020) provides that no deduction is allowed for expenses paid with forgiven funds.
text: What we know: The Act provides that the debt forgiveness is tax-free, and IRS The Act provides that the debt forgiveness is tax-free, and IRS Notice 2020-32 (issued April 30, 2020) provides that no deduction is allowed for expenses paid with forgiven funds.