I got investment interest expense from on one PTP K1(line 13 H) where I am passive investor and limited partner.
It is showing in TT interview mode under Retirement and Investments and then under Investment Interest Expense. I will be taking standard deduction and no Sch A for me this year.
Q: Where does this expense deduction go and which form? Sch A? No Sch. A so no deduction?
I will be filing Sch C as Trader.
Q: Can this expense be listed under Sch C expenses?
Thanks in Advance!