Related person. You can't deduct interest on a loan you get from a related person. Related persons include: • Your spouse; • Your brothers and sisters; • Your half brothers and half sisters; • Your ancestors (parents, grandparents, etc.);
Related person. You can't deduct interest on a loan you get from a related person. Related persons include: • Your spouse; • Your brothers and sisters; • Your half brothers and half sisters; • Your ancestors (parents, grandparents, etc.);
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