The original amount of money borrowed is known as the principal.
The original amount of money borrowed is known as the principal.
Borrowed money is not taxable.
No the borrowed money would not be taxable income to you that you would report on your 1040 federal income tax return as income in the year that the amount is borrowed.
Debt.
The original amount of money borrowed is known as the principal.
public debt
The original amount of money borrowed is known as the principal.
borrowed more money
A Loan is to borrow something as in money and in the future you give the amount of money that you borrowed to the person that you borrowed the money from.
Borrowed money is not taxable.
They borrowed the money of your nan.
The money being borrowed is the "principal." The sum charged for borrowing the money is the "interest."
If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.
loaned money
No the borrowed money would not be taxable income to you that you would report on your 1040 federal income tax return as income in the year that the amount is borrowed.
1. it is the replacements of borrowed money in the banks.... arghie gonzales2. the borrowed money should be change..