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CAF (Capital Access Fee) deductible or amortized?

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    #1

    CAF (Capital Access Fee) deductible or amortized?

    I had a client that received a business loan and had to pay a $15,000 CAF (capital access fee) to receive the loan. Is this deductible currently or is it amortized over the life of the loan.

    Thanks in advance for your help!
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