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Interest on a private loan for personal expenses is not deductible, so it will not go anywhere on your return. Only interest for items such as mortgages, business/investment expenses, or student loans are deductible
See excerpt and link below for further information:
Types of interest not deductible include personal interest, such as:
Interest on a private loan for personal expenses is not deductible, so it will not go anywhere on your return. Only interest for items such as mortgages, business/investment expenses, or student loans are deductible
See excerpt and link below for further information:
Types of interest not deductible include personal interest, such as:
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