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questdragon55 · **tax and money ask IRS for help -** 06-15-2008

I seriously have not clue he may give you money as a gift but you still will pay a tax money that you have borrow was already taxable but IRS will not believe you that you have borrow money and now your friend want to give you money back so you will have to pay tax.. you should ask a tax lawyer how to avoid tax on your money

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questdragon55 Member Status: Offline Posts: 28 Join Date: Dec 2007	tax and money ask IRS for help - 06-15-2008 I seriously have not clue he may give you money as a gift but you still will pay a tax money that you have borrow was already taxable but IRS will not believe you that you have borrow money and now your friend want to give you money back so you will have to pay tax.. you should ask a tax lawyer how to avoid tax on your money