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re: Paging Poodlebrain or qualified advice (401k loan repayment)
Posted on 3/7/15 at 12:25 am to TigerSaint1
Posted on 3/7/15 at 12:25 am to TigerSaint1
Not an expert, but I don't think you would pay taxes on repayment of the loan. You will incur a fee for service (menial) and should you for some reason leave/shut down the business; you must repay remaining balance. Other than that if say you might be good from a tax avoidance perspective. Disclaimer- I'm not a tax accountant.
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