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Old 04-14-2013, 07:42 AM
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Payments made for expenses to closed S-corp

S-Corp was closed and final tax return was filed. The following year - no income but paid final bills to vendors and credit card bills from personal funds. We will also continue to pay down a business loan from personal funds. I am hoping that I will at minimum, be able to claim the interest paid on the business loan somewhere but I have been unable to find clear answers on that. What form would be used to record the interest paid on a business loan for a closed S-corp? Thanks!



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