I had a business loan and the interest was reported on a 1098, how do i report this when I am doing my taxes
If you took out a loan for your business, the interest is deductible on your business return. You will find the option for interest in your business interview.
Select Business Income & Expenses and Start or Update
Choose to Edit your business or Add A Business on the next page
When you get to the page "Your [Name] Business," scroll down to Business Expenses
Select Other Common Business Expenses and Start or Update
Scroll down to Interest Payments and Start or Update
You may enter your business loan interest paid as Credit Card, Loan, and Other Interest