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re: Need help resolving fiance's credit card debt issue(seeking collection)
Posted on 6/12/13 at 3:31 pm to Broke
Posted on 6/12/13 at 3:31 pm to Broke
quote:
The taxable amount at 15% tax rate would be $2,250 for the full $15,000. They could get you to pay them $2300 and then still have $12,700 that they ding them for which at 15% would be $1,905. So a total liability of $4,155. I would just tell them to piss off.
Exactly. You're more likely to owe the IRS for settling than just ignoring it.
1
Posted on 6/12/13 at 3:35 pm to JonTheTigerFan
Thanks again guys, the money board is better than an attorney!
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