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Published: Wed, 04/15/15

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  1. How To Report Income Tax On Note Investments - 2015-04-15 12:40:39-04
    “Suppose I buy a note for $5,000 that has a balance of $10,000. The note interest rate is 12%. I collect interest for the year of $1,200 and principal of $1,000 in the first year. How do I report the $1,000 principal collected on the tax return?” Answered by John Moren, the author of the […]