undefinedWhat is the name of your state? NY
I have a friend willing to loan me $20k to invest in some mutual funds, i will agree to pay him back by the end of the year with a little inerest. I am wondering if that $20k affects my income taxes at all or if just the gains on the investment are counted?
thanks
Chris
I have a friend willing to loan me $20k to invest in some mutual funds, i will agree to pay him back by the end of the year with a little inerest. I am wondering if that $20k affects my income taxes at all or if just the gains on the investment are counted?
thanks
Chris