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Level 2
October 17, 2023
Question

interest expense allocable to purchase of Sub S Stock

  • October 17, 2023
  • 1 reply
  • 6 views

Where to enter interest paid by individual to acquire stock in Sub S so it shows up on Schedule E, page 2?

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1 reply

George4Tacks
Level 15
October 18, 2023

Vehicle/Emp.Bus.Expense (2106)  > Form 7 to be S-Corp > Activity name or number select your S- corp > down about 1 screen > Other business expense Click to enter "Interest Expense and an amount"

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