I had to take a loan out to help out a family member w some unexpected expenses. Can I take some of my gross business income and pay any of my personal debt balances as a "loan" to myself?

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Posting as :
works at
You are currently posting as works at

You mean loaning against our business's income?

What is your company? LLC or S corp it won't help. C corp yes but you really have to pay it back.

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