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re: Need help resolving fiance's credit card debt issue(seeking collection)

Posted on 6/12/13 at 4:13 pm to VABuckeye
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
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Posted on 6/12/13 at 4:13 pm to VABuckeye
quote:
I have no idea how the final number is calculated.


I just showed you. At a hypothetical current tax rate of 15%.
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Posted by the LSUSaint
Member since Nov 2009
15444 posts
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Posted on 6/12/13 at 4:21 pm to Broke
The "income" would be on the original balance, right? Not on some ficticious penalty and interest charges. How would those charges be "income"?

So, if she skipped out on 3k, that should br the IRS amount turned in.
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