frugalmama4 05:38 PM 01-26-2012
Hello,
Does anyone know where you claim loan interest in turbo tax?
E.g I'm claiming the year to date interest paid on a simply interest loan for my vacuum cleaner...using the time-space %
Thanks!
TomCopeland 04:14 PM 01-27-2012
Claim it under business loan and enter only the time-space % of the interest.