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Unstated Interest Paid

0.02 sec.

Unstated Interest Paid

An assumption by the IRS that interest on a loan has been paid if the stated interest rate is below a minimum.

Notes:

You must state the interest paid on an installment agreement, otherwise the interest rate used is lower than the applicable rate.

See also: Interest, Internal Revenue Service (IRS), Loan, Write-Off

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Unstated Interest Paid
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Unsubordinated Debt
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