Which of the following loans would require interest imputed under the below market interest rules? 

Lori lends $20,000 to her grandson who uses all of the money as a down payment on a home. 

Lori doesn't charge interest on the loan and the grandson has no investment income of his own. 

Carson Company offers no-interest loans to its employees up to a loan amount of $5,000 . 

Tom gives a no-interest loan to his daughter in the amount of $10,000. 

None of the loans above would require imputation of interest under the below market interest rules.

Answer rating: 100% (QA)

Answer None of the loans above would require imputation of interest und... View the full answer