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Can you pay your student loan payments through your small business?

Megan Page

in Student Loans

1 answer

1 answer

Megan Page on December 26, 2018

Yes. The business of the account for the payment of several ways. The business could set up an account receivable from the student who could then re-pay the loan long term. Or the business could treat the payments as compensation for the student that would be the taxable income for the student. Or, the business could treat the payments as an employee benefit expense pursuant to a plan of tuition reimbursement.

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