Once upon a time, you were married to a man with a good occupation. One day he was terminated, got a hefty settlement, and then divorced your company. Then you remember you filed for almost any joint tax return in that very halloween. Curse him if you want, but don't worry about taxes, you'll be avenged with a tax debt settlement.
In the above scenario, getting . saved $7,500, but the government considers it income. If for example the amount is over $600, any creditor should send a form 1099-...
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