Do I claim as taxable income =back lump ssi payment or forgiveness on student loan?
March 22nd, 2010
2 comments
I was approved for ssi early 2009, I only received 1 back support lump chk but not ongoing as my husband got a promotion that put us over monthly allowed income. Do I have to claim this as income or anywhere on the tax form? I usually do short forms since becoming disabled. I used to itemize with small business before but not sure what I should bother with now. I also had my student loan forgiven discharged, do I count that loan amount as some type of ‘benefit’ or income similar to when people file bankruptcy counts that discharge taxable? I read that someplace about bankruptcy, no that doesn’t apply here. Just the ssi’ benefit & student loan discharge. Or do they even need mentioned in short form.? Thank you.
Categories: Small Business Bankruptcy amp, bankruptcy, chk, loan discharge, small business, ssi benefit, student loan, tax form
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