Interest expense schedule c after closure

[Ed-tax2024]

I have a business that closed 2023 - sole proprietor. In 2024, I continued to pay interest on business loans incurred 2023 and prior. In 2024, the business generated $15 in income from activity I performed in 2023 and prior.

Can I deduct business interest expense in 2024, for debts incurred 2023 and prior?

[DavidD66]

Yes, you can (and should) file a Schedule C and deduct the business related interest expense you paid in 2024.  You should also include any business income you received.