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    dlynndittman
    New Member
    posted
    ‎June 4, 2019 2:48 PM
    last updated ‎June 04, 2019 2:48 PM

    How report principal from promissory note?

    Is the principal received from a promissory note untaxed?
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    Bsch4477
    Level 15
    Level 15
    ‎June 4, 2019 2:48 PM

    How report principal from promissory note?

    Only the interest on the note would be taxable.

    View solution in original post

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    Bsch4477
    Level 15
    Level 15
    ‎June 4, 2019 2:48 PM

    How report principal from promissory note?

    Only the interest on the note would be taxable.

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