- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The excess business interest expense listed reflects business interest not available for a deduction in the current year. You would have to list it on Form 8990 in order to carry it over to next year. If you aren't concerned about that, it would likely be OK to skip the Form 8990.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 21, 2025
6:01 AM