Verizon forgives balance of $18,000 cellphone bill
 
This is  a headline.  It concerns a phone bill that he son unknowingly ran up.  Now the father is concerned about his credit rating. 
 
If the IRS decides to look at that, it could impute $18,000. in income to the family for the forgiven bill.  It's entirely plausible.      
 
Roderick T. Beaman,D.O.
Board Certified Family Physician
Protect freedom. Disarm the government.

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