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T
thechamp1011
March 1, 2022
Question

Where do i enter the interest paid on a commercial loan? I have not received the 1098 form from the lender?

  • March 1, 2022
  • 1 reply
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1 reply

P
PattiF
March 1, 2022

The interest that you paid is listed as an expense in the business expense section.

 

In TurboTax Online, after you enter all of your income for your business, you will see the Expenses page

  • Click on  Add expenses for this work
  • Choose Less common on the next page 
  • Click Show more at the bottom of the page until you see % Credit card, loan, and other interest
  • You may have to click Show more several times until % Credit card, loan, and other interest shows up
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