I paid interest on a commercial loan for purchase stock in the company that I work for. I was told that it was tax deductible but did not see where to enter it.

[Leonard · Accepted solution]

To actually claim the deduction for investment interest expenses, you must itemize your deductions. Investment interest goes on Schedule A, under "Interest You Paid." You may also have to file Form 4952, which provides details about your deduction. You don't have to file this form if you meet three conditions: interest is the only investment expense you're deducting; you're not carrying forward any disallowed interest from the previous year, and your investment interest doesn't exceed your investment income from interest and ordinary dividends.

This  link  What Are Deductible Investment Interest Expenses? has information that you may find useful.

[Edited 03/10/2020 | 12:25 pm PDT]