To enter business interest expense, follow steps below. Log into your TurboTax business return and Navigate to the "Federal Taxes" section. Select "Deductions & Credits." Choose "Business Expenses." Look for "Common Business Expenses." Interest Expense: Enter the interest paid on your office building loan under "Interest Expense."TurboTax will guide you through the process to ensure everything is correctly entered. Reach back out if you meant something else. Original Post.

Question

Where do I deduct the interest I pay for my office building loan?

Forum|Forum|1 year ago
March 30, 2025
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SabrinaD2

To enter business interest expense, follow steps below.

Log into your TurboTax business return and
Navigate to the "Federal Taxes" section.
Select "Deductions & Credits."
Choose "Business Expenses."
Look for "Common Business Expenses."
Interest Expense: Enter the interest paid on your office building loan under "Interest Expense."

TurboTax will guide you through the process to ensure everything is correctly entered.

Reach back out if you meant something else.

Original Post.