https://ttlc.intuit.com/community/self-employed-group/discussion/sba-eidl-loan-repayment/01/3307854#M14149 <P>Hi everyone!!</P><P>&nbsp;</P><P>I took out a EIDL loan for my business during COVID and I make monthly</P><P>payments to pay it back.&nbsp;<BR />Does anyone know what Expense category the payments would be under for a Schedule C?</P><P>&nbsp;</P><P>Thanks for any help!!</P> Wed, 11 Feb 2026 08:54:43 GMT chantellemoline 2026-02-11T08:54:43Z https://ttlc.intuit.com/community/self-employed-group/discussion/sba-eidl-loan-repayment/01/3307854#M14149 <P>Hi everyone!!</P><P>&nbsp;</P><P>I took out a EIDL loan for my business during COVID and I make monthly</P><P>payments to pay it back.&nbsp;<BR />Does anyone know what Expense category the payments would be under for a Schedule C?</P><P>&nbsp;</P><P>Thanks for any help!!</P> Wed, 11 Feb 2026 08:54:43 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/sba-eidl-loan-repayment/01/3307854#M14149 chantellemoline 2026-02-11T08:54:43Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-sba-eidl-loan-repayment/01/3308130#M14153 <P>Your loan repayments consist of principal and interest.</P> <P>&nbsp;</P> <P>Interest is deductible under Interest. Principal repayments aren't deductible.</P> <P>&nbsp;</P> <P>You should refer to your loan's monthly statements to calculate the interest portion of your repayments.</P> Sun, 07 Apr 2024 12:42:10 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-sba-eidl-loan-repayment/01/3308130#M14153 MinhT1 2024-04-07T12:42:10Z