@Justin202203 wrote:
Hi Robert,
Thank you so much for your reply. Could you please help to share where can I refer to the IRS code or rules for that?
You will not find any law or IRS rule that says what you do not need to claim - only the type of income that must be reported. If there is no rule of law that says that a returned investment must be claimed then the absence of such a law means that it does not need to be claimed. Tax laws say what you must do, not what you do not have to do.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
