Recent content by SewardsSteward

So, from what I know about contracts, in this example, this would qualify as a traditional enforceable contract, only because the plaintiff in the case paid a 1,000 deposit and, as such, would be entitled to a remedy of at least that amount. The part of this contract that was not performed by...

So, say that the interest were being paid by a co-pay, as they would not be a governmental body, then the interest would be taxable, right?

As someone who is just getting into tax law, this poster says that their taxable interest was 76860. Is there non-taxable interest here? Could there be interest that was excluded for any reason? Is there a different between "non-taxable" interest and "excluded from tax" interest, at least in...