Donna19
Level 1
03-11-2021
11:11 AM
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Question 6 is as follows: During the tax year, did the partnership have any debt that was canceled, was forgiven, or had the terms modified so as to reduce the principal amount of the debt?
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qbteachmt
Level 15
03-11-2021
11:15 AM
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Here is the support article:
It's no longer considered a loan.
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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.
