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finance/Ag loan question/scenario - 401K loan to pay for tile
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GrainTrader
Posted 5/23/2015 14:24 (#4586823 - in reply to #4586808)
Subject: RE: finance/Ag loan question/scenario - 401K loan to pay for tile



20 Miles West of Indianapolis Indiana
KeepOnTrucking, thank you, I never thought about the tax implications of paying back with after tax $'s. I wasn't worried about that fact the interest wasn't tax deductible because I was paying it back to myself, but the double tax does put the Kibosh in the deal IMO... Thanks.
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