LogFAQs > #964979071

banananor posted...

are you lying about this part?

Well

Surprise I'm actually the lendee in this hypothetical, and this is actually why I created the topic.

I went self employed last year and long story short I vastly underestimated my tax bill (thought deductions would give me more mileage) and ended up owing north of $7000.

My girlfriend of nearly 3 years is the lender in this situation. We actually started living together really early in the relationship due to covid stuff-- it was just easier that way, and yeah, I mean we've discussed marriage and such. I did not think this would be any problem

Anyway the alternatives were to

1. Liquidate a bunch of stocks in a dead market, realizing huge losses. Didn't want to do this. Was not on the table
2. Not pay the IRS, file late. I wanted to avoid this because my business is new, but was willing to. I don't know if this is a thing but I feel like if I late file first year I'm gonna get flagged to be more likely to be audited later.

Loan from the bank was kinda off the table. I really don't like owing stuff (which made this really hard for me) so I don't have a great credit score as I only started building credit for my business, and my tax people finished my taxes April 15th so I didn't have a lot of time. I asked if she was OK with it because I'd rather owe her than the IRS and told her to just let me know if she had a problem. Anyway she says she's okay with it and kinda says "well maybe we'll write an IOU or something" and I don't think much of it. Anyway days pass and she still doesn't give me anything, and says she needs that paper, and I'm like "oh you were serious I thought that was just like if I'm slow paying" and she won't give me the money till I write it out. Now it's too late to not pay the IRS cause the payment is scheduled to withdraw Monday first thing and its the weekend cant get a hold of my tax peeps. I let her know I have a problem with that and I would have just late filed with the IRS if I knew she was gonna be like that.

So yeah that didn't go over too well and exploded into a series of major fights and things are pretty rocky right now, because to me it feels like she doesn't trust me, and I've told her that. She insists that she trusts me and it was just how she was raised, but my mindset is more along the line of "I only need a paper if I have any doubt they'll pay me back." Further I had contacted two just good friends and they didn't make me sign anything

So the purpose of this topic is twofold

1. See how normal it is for this mindset to exist among people
2. Determine whether I'm justified in feeling betrayed a bit