Mr Cooper Group Inc (COOP)

[Boris the Spider]

If they have already paid the taxes, they would likely want that reimbursed somehow. 28% of the kind of money that may come is a staggering amount.

I would think the IRS would want our actual checks to get the 28% hit so taxes can be properly calculated as in any normal return. I don't know....this is a very complex and unique case to say the least.

Would be great if taxes were somehow paid, but I think either way, we would get a 28% haircut. Then we have to battle the IRS for it....personally, I believe it to be a nontaxable settlement payment. I could contend that and then end up fighting it out with them....and they'd likely win! But I'd try.

Who knows eh? Let's see some money for Christ's sake!