topic I closed my business in 2018, but am still paying the loan back. Can I claim the interest I’ve paid on the business loan in 2019 as a business deduction in 2019? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid-on/01/1066691#M37723 Sun, 02 Feb 2020 16:49:33 GMT chelseamauro 2020-02-02T16:49:33Z I closed my business in 2018, but am still paying the loan back. Can I claim the interest I’ve paid on the business loan in 2019 as a business deduction in 2019? https://ttlc.intuit.com/community/business-taxes/discussion/i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid-on/01/1066691#M37723 Sun, 02 Feb 2020 16:49:33 GMT https://ttlc.intuit.com/community/business-taxes/discussion/i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid-on/01/1066691#M37723 chelseamauro 2020-02-02T16:49:33Z Re: I closed my business in 2018, but am still paying the loan back. Can I claim the interest I’ve paid on the business loan in 2019 as a business deduction in 2019? https://ttlc.intuit.com/community/business-taxes/discussion/re-i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid/01/1067379#M37737 <P>What kind of business did you close in 2018? Sole proprietorship? Single member LLC? Multi-member LLC? Partnership? S-Corp? C-Corp? Something else?</P> <P>&nbsp;</P> Sun, 02 Feb 2020 18:30:28 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid/01/1067379#M37737 Carl 2020-02-02T18:30:28Z Re: I closed my business in 2018, but am still paying the loan back. Can I claim the interest I’ve paid on the business loan in 2019 as a business deduction in 2019? https://ttlc.intuit.com/community/business-taxes/discussion/re-i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid/01/1067511#M37740 <P>Sole proprietorship - was a small clothing boutique.&nbsp;</P> Sun, 02 Feb 2020 18:50:43 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-i-closed-my-business-in-2018-but-am-still-paying-the-loan-back-can-i-claim-the-interest-i-ve-paid/01/1067511#M37740 chelseamauro 2020-02-02T18:50:43Z