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    Federal Taxation
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    Exam 16: Tax Deductions and Travel Expenses for Employees and Self-Employed Individuals
  5. Question
    If a Loan Has Been Made to a Related Party
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If a Loan Has Been Made to a Related Party

Question 979

Question 979

Essay

If a loan has been made to a related party, what are some considerations for determining whether the loan is a bona fide debt or is, in fact, merely a gift?

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Consider whether there is a written inst...

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