https://ttlc.intuit.com/community/self-employed-group/discussion/re-eidl-repayment/01/3345383#M14586 <P>No, it's considered a repayment of a business loan, not unemployment benefits.&nbsp;</P> <P>&nbsp;</P> <P>Repayment of unemployment benefits occurs when you have to repay your state unemployment agency for unemployment compensation that you shouldn't have received.&nbsp;</P> Fri, 19 Apr 2024 12:45:08 GMT JulieS 2024-04-19T12:45:08Z https://ttlc.intuit.com/community/self-employed-group/discussion/eidl-repayment/01/3326095#M14399 <P>I received an EIDL loan. I understand that the interest is deductible as a business expense.</P><P>Is the repayment of the loan principle considered aa a repayment of government unemployment benefits?</P> Wed, 11 Feb 2026 08:08:29 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/eidl-repayment/01/3326095#M14399 CGKLC 2026-02-11T08:08:29Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-eidl-repayment/01/3345383#M14586 <P>No, it's considered a repayment of a business loan, not unemployment benefits.&nbsp;</P> <P>&nbsp;</P> <P>Repayment of unemployment benefits occurs when you have to repay your state unemployment agency for unemployment compensation that you shouldn't have received.&nbsp;</P> Fri, 19 Apr 2024 12:45:08 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-eidl-repayment/01/3345383#M14586 JulieS 2024-04-19T12:45:08Z