Hello,
I am trying to figure out where to put interest from a business credit card and the accrued PPP loan interest. Everything that I have read says the business credit card interest and the accrued PPP loan interest is added together and inputted on line 15. However, now the amount is now showing up on my K1 in box 20 with code N. When I filed taxes for the previous year, I put my business credit card interest on line 15 and it didn't show up in box 20 on my K1. Am I do this right?
Any help would be really appreciated!
