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I lend a friend $30K loan and she repays me $2K monthly, is it taxable income? interest is 5%

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I lend a friend $30K loan and she repays me $2K monthly, is it taxable income? interest is 5%

The interest is taxable. Enter it as a 1099 INT. All you need to enter is the bank name or who paid you and put the amount in box 1.

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