Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Sep 10, 2024 4:29:40 AM

How can I record my personal loan to our small business in Turbo Tax Desktop Home & Business? There is no way to record it on Schedule C.

0 2 9473
2 Replies
Level 15
Sep 10, 2024 5:25:03 AM
Level 15
Sep 10, 2024 9:10:34 AM

with Turbotax and every other tax app I worked with, you do not report personal loans or even other loans to the business. They are neither income or expense.