Make sure you have the Tenants Social security number

[Matthew Paul]

With all this talk of not paying rent and no evictions the landlord does still have a card to play . A debt forgiven is considered taxable income to the tenant . ( as far as writing it off for the landlord others may know )

According to the IRS, if a debt is canceled, forgiven or discharged, you must include the canceled amount in your gross income and pay taxes on that income unless you qualify for an exclusion or exception. Creditors whoforgive $600 or more of debt for you are required to file Form 1099-C with the IRS.Apr 7, 2020