http://www.w3.org/ns/prov#value | - Also see When To Deduct Investment Interest, earlier in this chapter.taxmap/pubs/p550-019.htm#en_us_publink100010300Unpaid expenses owed to related party.(p38)If you use an accrual method, you cannot deduct interest and other expenses owed to a related cash-basis person until payment is made and the amount is includible in the gross income of that person.
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