Guest billy bong Posted February 8, 1999 Share Posted February 8, 1999 f a participant loan meets all of the requirements for the interest to be deductible, (i.e. source is not from elective deferrals, lien on residence, non key person) but the interest is being paid to their individual/fbo account, is it deductible on their personal tax return? in irc 72(p)(3), there is no refernce as to where the interest is being paid. Link to comment Share on other sites More sharing options...
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