You come across as an honest, respectful, and intelligent poster. I'll try my best to respond in kind.
I was being a bit facetious to get the point across about legality, but no, It's neither an established fact or crime. His niece
divulged this story to the world via her book and press, that all the family was aware that Trump cheated on his SAT.
Some lawyers opined on this topic, as it became relevant during the pay for college scandal.
"
Cheating on the SAT is not, in and of itself, illegal because it does not violate any law,"
As far as I know, YES and No
I'm not a tax expert, but speaking to someone I know who is, there is a lot of information that we can not directly ascertain from just a tax return alone.
While it may or may not show the loan forgiveness on the return, we only know it was reported from someone, and I think we both accept it was forgiven.
I cannot prove it was legal or corrupt, as I don't have access to the information.
If you accept it is possible to have large loans forgiven by legal or corrupt (illegal) means, then we have to accept it was done one way or another, without having the full facts in front of us.
You are automatically assuming there was no impropriety and everyone has access to the same 'honest' and intelligent means of getting large loans forgiven.
I'm leaning towards the impropriety version, as there are other things he has done in his past, that lead me to think this way.
I agree with you that business loans can be legally forgiven without impropriety though. Happened a lot with the Covid-19 rescue packages, recently.