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Dani70
Level 3
Mar 31, 2023 12:11 AM UTC
Solved

SCHEDULE C LOAN INTEREST EXPENSE

In Pro Series schedule c I have looked and looked and can not figure out what line to put interest expense  from a loan. Can someone please tell me what line to put it on?

Dani

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sjrcpa
sjrcpaAnswer
Level 15
Mar 31, 2023 12:13 AM UTC

The line called interest? 16b

The more I know the more I don’t know.
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8 replies

sjrcpa
sjrcpaAnswer
Level 15
Mar 31, 2023 12:13 AM UTC

The line called interest? 16b

The more I know the more I don’t know.
    PATAX
    PATAX
    Level 12
    Mar 31, 2023 12:15 AM UTC

    @sjrcpa I am glad you said it. Maybe he needs my pop bottles.

      rcooley25
      Level 7
      Apr 2, 2023 9:35 PM UTC

      No. He needs fireball

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