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esbv570785
New Member

DEDUCT BUSINESS LOAN

ARE BUSINESS LOANS DEDUCTIBLE

posted
‎August 30, 2023 11:25 AM
last updated ‎August 30, 2023 11:25 AM
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Anonymous_
Level 15

DEDUCT BUSINESS LOAN

Yes. Generally, the interest on a loan used for business purposes is deductible.

 

You might want to provide more details with respect to the loan.

‎August 30, 2023 11:40 AM
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