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Where to enter credit card interest on Schedule C for business deduction?

 
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IreneS
Intuit Alumni

Where to enter credit card interest on Schedule C for business deduction?

To enter credit card interest for your business, please follow these steps:

  1. On the Income & Expenses screen, click the Start box in the Self-Employment section.
  2. On the Your 2017 self-employed work summary screen, click on Edit next to your business.  [See Screenshot #1, below.]
  3. On the Here's your [business] info screen, click the box Add expenses for this work[Screenshot #2]  
  4. On the screen, Tell us about any expenses, in the Less common expenses section mark the radio button next to Credit card, loan, and other interest[Screenshot #3] 
  5. Click Continue at the bottom of the screen.
  6. Enter the interest expense on the next screen, Let's enter any credit card, loan or other interest... [Screenshot #4] 



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