Brian Boyd

Yeah.

Um, I was at jujitsu and, um, I was talking to my social media manager.

She was there filming and she's also a judicious, uh, judicious, jujitsu practitioner.

And, um,

She was talking about somebody that owed her money.

They didn't pay her for something.

I'm like, well, just send them a 1099-C and forget about it.

It's like, well, what would that do?

I'm like, well, it's discharge of debt.

So you get a deduction for the bad debt write-off.

And they now have income that is going to trigger the IRS to look at them because you're going to send in this form and the IRS is going to know you discharged them from that debt.

So that becomes income to them.

And she's like, well, say that again.

And so I think I was eating a chicken sandwich or something.

Yeah.

I was just sitting there eating lunch right before class.

And I,

So what I said was, hey, if somebody owes you money, just send them a 1099-C and forget about it.

I've had a lot of people in the comments like, well, how am I going to get my money?

I'm like, you're not.