Tuesday, June 28, 2011

hershel - Is ?loan? money considered income to report on taxes ...

Question by razorcut44: Is ?loan? money considered income to report on taxes?
If family member loans money to other family member with LOAN on the check, does the receiving family member have to claim it as income on their taxes?

Best answer:

Answer by Spock (rhp)
no

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Tags: considered, income, Loan....................................., money, report, taxes

Posted in Finance-Insurance

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