qbteachmt
Level 15
03-08-2022
02:04 PM
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You described this as "borrowed." That isn't the issue for the 3-year spread for reporting that Distribution as Income and paying taxes on it.
Did they Borrow, or Take the Distribution?
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.