qbteachmt
Level 15
03-05-2022
04:41 PM
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"I am not sure if the interest forgiven is tax deductible even if it was not paid by the taxpayer,"
As I noted and provided links for, the SBA payments to the lender for servicing PPP is not under any of the provisions that would allow for that interest as the borrower's expense.
You asked for evidence and I can find none for what you propose. I find plenty for not doing it.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers