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February 20, 2025
Question

Entering imputed interest income on Form 1040 Schedule B

  • February 20, 2025
  • 1 reply
  • 0 views

That didn't answer my question. I have the AFR and have computed the imputed interest. On Form 1040 Schedule B, do I just enter the borrower's name in the "received from" field?

    1 reply

    February 24, 2025

    Yes.  They're who 'paid' you the interest.

     

    @Jer S 

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