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Do I just input them as a separate line item under "Other Misc Expenses" and just label as IDCs?
Yes, you do.
Do you receive K-1s for these investments?
I don't receive K-1s.
It's a single member LLC. So the taxes are filed under my personal 1040. I believe these IDCs need to be expensed on the Schedule C. But Turbotax does not have a section for them. Do I just input them as a separate line item under "Other Misc Expenses" and just label as IDCs?
Do I just input them as a separate line item under "Other Misc Expenses" and just label as IDCs?
Yes, you do.
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