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  • HUNG PHAM

    40 VF Points
    Member
    02/02/2024 at 06:29

    @Hung Giang: if you own a property and cannot pay your mortgage and if your bank accepts a short sale on your property, your debt will be forgiven and you don’t owe the bank anything, right? But you still have to file that forgiven debt as income and hence, INCOME TAX!

    And FYI, I am NOT a VinFast employee. LOL. I am an owner of 2 VF8s, however. And as I said, call the IRS and ask them if your compensation from VinFast is taxable. Or just don’t include your 1099 in your income tax filing and try to argue with the IRS when they.. visit you!