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dlynndittman
New Member

How report principal from promissory note?

Is the principal received from a promissory note untaxed?
posted
‎June 4, 2019 2:48 PM
last updated ‎June 04, 2019 2:48 PM
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Bsch4477
Level 15
Level 15

How report principal from promissory note?

Only the interest on the note would be taxable.

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

How report principal from promissory note?

Only the interest on the note would be taxable.

‎June 4, 2019 2:48 PM
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