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Haseeb a solvent individual owed $25,000 to her employer. The employer forgave the employee for her indebtedness. Haseeb also borrowed $50,000 from her father to
Haseeb a solvent individual owed $25,000 to her employer. The employer forgave the employee for her indebtedness. Haseeb also borrowed $50,000 from her father to buy a house in 2015. In 2017 her father informed her that he forgives the loan completely. Haseeb gross income from the above is??
a) 0
b) 75000
c) 25000
d) 50,000
e) none of the above
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