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Get your taxes done using TurboTax
@Mike9241 When you say "loan more than $10,000 and AFR not charged"( can I understand that I wavied interest from my daughter?)
Regarding this interest, if I charge my daughter, then this interest will be reported as my income. If I do not charge, then this interest will be viewed as gift money from my daughter. Is this correct?
What does AFR 110% AFR 120% mean?
‎August 31, 2022
8:30 PM