Thread: Money What would you do?
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Old 08-22-2011, 09:39 PM   #4
Saul Good Saul Good is offline
Quit your bullshit
 

Join Date: Jul 2005
Location: Bored of winning
Casino cash: $10052799
Quote:
Originally Posted by DaFace View Post
Yeah, you could be right. Still, it seems odd that a tax-supported program would be taxable. For example, we took advantage of the $8k tax credit for our house a few years back, and the $8k was NOT taxable.
That's essentially a write-off. A tax deduction isn't taxable, but income (eg; SS benefits) is.
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