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Can you deduct 401k loan interest on a Schedule C

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    Can you deduct 401k loan interest on a Schedule C

    If you borrow from your 401k account and put the funds into your business can you deduct it on a Schedule C?

    How about if you put the money into a partnership?

    #2
    401k interest

    is a self dealing situation, and therefore, no deductions, no where, nohow.
    ChEAr$,
    Harlan Lunsford, EA n LA

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