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RollingJubilee
searching PlanetScale…
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RollingJubilee
14y ago
Yes the IRS knows what we are doing. We called them up and told them. They thought it was pretty cool. w00t!
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RollingJubilee
14y ago
No forgiving. Forgiveness implies someone did something wrong. These debts are illegitimate and should never have existed in the first place. These debts are immoral, if anyone needs forgiving it is the banks. We are not forgiving debts, we
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RollingJubilee
14y ago
The main problem with that is that we would be collecting assets that we would then have to pay taxes on. Better to destroy the debt all together.
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RollingJubilee
14y ago
Hi everyone. I want to assure you all that we are aware of the tax implications. We are working with a pro-bono tax lawyer and have called the IRS several times. The IRS informed us that we do not meet the requirements to file a 1099-c (we