Is there a place to enter Long term Liabilities... notes payable on loans?

[dr-mindy]

This is for my business return. It is listed under Liabilities and Equity on my balance sheet, but on my return so far it has only asked about short term Liabilities.

[DavidD66]

Is your business filing Schedule C, as a part of your personal return, or are you filing a Form 1065 - US Return of Partnership Income, or Form 1120-S - US Income Tax Return for an S-Corporation.   If you are filing Schedule C, you do not report your liabilities on your tax return.   If you are filing a Form 1120-S or a Form 1065, the liabilities are reported on Schedule L - Balance Sheet per Books.  However, you may not be required to File Schedule L if your gross receipts for the year were less than $250,000, and you meet certain other criteria.