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Since no interest, deferred or otherwise was paid in 2024, should there be any interest to report this year. The firm that purchased us paid a down payment in december 2024 and didn't make an installment payment that included interest until until Feb 2025. So would I actually have interest to report for 2024? I don't pay the tax on that in advance do I?
March 21, 2025
3:00 AM