IRS Interest Expense

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • veritas
    replied
    Unlike

    Originally posted by taxedtothemax
    May a corporation deduct interest paid to the IRS on taxes owed or is it the same concept as an individual(personal interest), who may not deduct it even if attributable to Sch. C income ? Appreciate anyone's help.
    an individual it is dedcutible.

      Leave a comment:

    • taxedtothemax
      started a topic IRS Interest Expense

      IRS Interest Expense

      May a corporation deduct interest paid to the IRS on taxes owed or is it the same concept as an individual(personal interest), who may not deduct it even if attributable to Sch. C income ? Appreciate anyone's help.
      Tags: None
      Previous template Next

      Disclaimer

      Collapse

      This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

      Working...