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February 1, 2020
Question

form 1120S line 13 in deductions section, where do i input the info to show on line 13

  • February 1, 2020
  • 1 reply
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    1 reply

    February 1, 2020

    "where do i input the info to show on line 13"

     

    Federal Taxes tab >> Deductions >> Common business expenses (click Start or Update) - see screenshot.

     

    However, read the guidance in the program carefully and perhaps even read the IRS instructions (link below) to ensure you are entering deductible interest on the correct line.

     

    See https://www.irs.gov/instructions/i1120s#idm139641014695584

     

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