Im trying to figure out if Herman needs to add anything to his net income for tax purposes from this statement:

For 2018,I acquired an interest-free loan from my employer for $11,533 on July 1 of the current year. This loan requires annual principal repayments of $2,307 every July, commencing in 2019."

• Since I have no interest payment this year, i am confused if either the full amount should be added (which i believe is wrong) or if it is 0 since the repayment does not start until next tax year.