EIDL interest posting once S corp has been closed.

[Fdezwart]

I closed my S Corp in 2022. I contnued to pay my EIDL loan in 2023. Where do I post the interest for 2023? I saw recommendations to post this as a capital loss. If this is correct, where on the capitall loss schedules do I post this interest?

[ThomasM125]

I don't see where the loan interest would be deductible since you are no longer in business. If you can find an IRS regulation allowing it as a capital loss deduction there may be instructions in that article that would explain how to report it on your tax return.