Hi,
Another newbie question! Thanks in advance for my stupidity.
Below is my deduction screen
I have to input some deductions, but not quite sure where it fits.
I have a 150K loan from the shareholders from 2021
1. This year 2022, I made revenue, so I returned 40K of the loan to the shareholder
Where do I make the deduction? (does not seem to have a specific category). Misc Category?
2. Another shareholder provided a 50K loan this year (2022). Is this added to the income or deduction tab?
Seems there is no place for it the income?
Thanks in advance!!