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- interest expense allocable to purchase of Sub S Stock
interest expense allocable to purchase of Sub S Stock
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RS2671
Level 1
10-17-2023
05:21 PM
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Where to enter interest paid by individual to acquire stock in Sub S so it shows up on Schedule E, page 2?
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George4Tacks
Level 15
10-18-2023
08:45 AM
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Vehicle/Emp.Bus.Expense (2106) > Form 7 to be S-Corp > Activity name or number select your S- corp > down about 1 screen > Other business expense Click to enter "Interest Expense and an amount"
Here's wishing you many Happy Returns
