terry Posted February 14, 2012 Report Posted February 14, 2012 Interest in a pension plan. Are they looking for the current value of the plan? thanks in advance! Quote
Terry D EA Posted February 15, 2012 Report Posted February 15, 2012 Perhaps they are looking for the amount invested if any. Quote
Tax Prep by Deb Posted February 15, 2012 Report Posted February 15, 2012 I believe it's what it is worth. It is considered an asset, and an asset can usually be sold for a price. So I believe it is what they would be able to take out as of the date of the forgiveness. Deb! Quote
terry Posted February 15, 2012 Author Report Posted February 15, 2012 Thank-you. The spouse is going to be receiving this until death. I doubt that insolvency will work. This was credit card debt. Quote
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