"Benjamin Yazersky CPA" <john...[at]nowhere.com> wrote:
- quote -

Imputed interest rules don't seem to apply. I recieve above
prime rate on the loans

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<devittjl[at]yahoo.com> wrote:

- quote -

look at the imputed interest rules

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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I provide a loan to a private entity (business). Interest
accured is rolled back into the loan. At the end of one year
they will pay me back the entire principle + interest.

Question- Do I need to pay taxes as the interest accrues or
when I recieve the interest at the end of one year

Thanks, John

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