Jump to content

When reporting defaulted loans to the IRS do you include interest to t


Guest Donna Lee

Recommended Posts

Guest Donna Lee
Posted

I keep seeing conflicting information and need some clarification: When reporting defaulted loans to the IRS do you include interest to the end of the grace period or just report the outstanding loan balance?

Posted

We just report the defaulted loan amount and not the interest.

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Terms of Use