Will my credit union report my $35,000 HEL payment to the IRS?
Will my credit union report my $35,000 HEL payment to the IRS? Hey guys, so I've been slowly squirreling away cash from tips (mostly unreported) and have about enough to finally knock out the Home Equity Loan hanging around my neck. I'd like to pay it off. My savings account and HEL are with the same credit union and it would literally just be a transfer from the account to the loan. It will be however a pa...