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Whether won in a lottery, earned in a paycheck or accrued in a 401(k) account, a dollar is supposed to be a dollar.
FORBES: Bitter Money And Christmas Clubs
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Although interest accrued on the loan, Sollberger stopped receiving account statements and making interest payments after the first quarter of 2005, less than one year into the seven-year loan term.
FORBES: Sometimes You Should Just Pay The Tax
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No deduction shall be allowed for amounts paid or accrued for such taxes and carrying charges as, under regulations prescribed by the Secretary, are chargeable to capital account with respect to property, if the taxpayer elects, in accordance with such regulations, to treat such taxes or charges as so chargeable.
FORBES: Electing To Capitalize Expenses Can Pay Off On Sale