FLAsun
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Hi Thomas: following up:are the screenshots you included from TurboTax Business? I didn't see them in the "Home & Business" desktop version - wondering ifI woul...
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Hey Thomas. Thanks again for the info and screenshots -- are they from TurboTax Business? I didn't see them in the "Home & Business" version - but maybe I misse...
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Thanks. And appreciate the screenshot/details. We can deduct the interest expense as you mentioned (or via the question about personal debt for the business)......
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Hi Alicia and thanks again for the reply. However, reading the pub seems to counter your point. It actually says "don't add the points to the basis... deduct th...
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Thanks - though that's a bit confusing as 1) the accountant who prepared the K-1 for the business said the loan cost can be amortized on 4562 and then deducted ...
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- Posted Re: Amortize loan costs for K-1 S Corp on Get your taxes done using TurboTax. April 3, 2023 1:31 PM
- Posted Re: Amortize loan costs for K-1 S Corp on Get your taxes done using TurboTax. March 27, 2023 1:13 PM
- Posted Re: Amortize loan costs for K-1 S Corp on Get your taxes done using TurboTax. March 24, 2023 7:51 AM
- Posted Re: Amortize loan costs for K-1 S Corp on Get your taxes done using TurboTax. March 23, 2023 11:28 AM
- Posted Re: Amortize loan costs for K-1 S Corp on Get your taxes done using TurboTax. March 20, 2023 12:24 PM
- Posted Amortize loan costs for K-1 S Corp on Get your taxes done using TurboTax. March 20, 2023 10:22 AM