- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Which deduction should I use? Turbotax Business
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!!
Topics:
‎April 2, 2023
12:57 PM