[–] HeavyBrain ago
It's treated as income for the year, and is therefore taxable
Well shit.
Not sure how it works here, propably similar but I know for sure that stuff like college debts wouldn't factor into it, even for the reason jsut because the gov called/ treated them differntly.
Well shit US liberals be careful waht you wish for or change the tax code beforehand, but I doubt that too many of them will consider this.