Question

SBA Loan interest

Forum|Forum|6 years ago
March 17, 2020
1 reply
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I do not see a line item for SBA Loan interest paid on this years' Schedule C. Where do I enter this item?

Follow the directions below to enter out small business loan interest on schedule c:

Log in and open your return
Type schedule c into the search field and click the jump to link that appears
On the next screen click the Edit tab beside your schedule c
Scroll down and click Add Expenses for This Work
Scroll down and select Othe Miscellaneous Expenses
On the next screen enter the description and amount of interest

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