topic Can I put in finance charges paid on a loan. Thank you in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-put-in-finance-charges-paid-on-a-loan-thank-you/01/728130#M96508 Thu, 06 Jun 2019 15:48:45 GMT kimmy2005 2019-06-06T15:48:45Z Can I put in finance charges paid on a loan. Thank you https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-put-in-finance-charges-paid-on-a-loan-thank-you/01/728130#M96508 Thu, 06 Jun 2019 15:48:45 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-put-in-finance-charges-paid-on-a-loan-thank-you/01/728130#M96508 kimmy2005 2019-06-06T15:48:45Z Only if the loan was part of doing business (your self-em... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/only-if-the-loan-was-part-of-doing-business-your-self-em/01/728136#M96511 <P>Only if the loan was part of doing business (your self-employment income).</P><P>The Internal Revenue Service lets you deduct most of the finance charges and interest you pay as a part of doing business.&nbsp;<BR /></P> Thu, 06 Jun 2019 15:48:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/only-if-the-loan-was-part-of-doing-business-your-self-em/01/728136#M96511 LeeM 2019-06-06T15:48:47Z