I'm doing my 2023 Taxes (USA) and need to find the fees /interest paid for the loan.
Hey there @LIZ94108. I can help you with the technical part of this. Go to your current loan in your online dashboard, and open the loan details page. There is a “show details” button there that will show you the loan fee for your current loan. Also on that page — accessible by clicking the ellipses (…) is your loan agreement, which spells out your loan fees.
As for how much, if any, of this you can report as a deduction on your taxes, you’ll need to consult with your tax preparer. Depending on how you have booked your loan/fees and loan payments, your deduction calculations will be different that others might.
Hey there @LIZ94108. I can help you with the technical part of this. Go to your current loan in your online dashboard, and open the loan details page. There is a “show details” button there that will show you the loan fee for your current loan. Also on that page — accessible by clicking the ellipses (…) is your loan agreement, which spells out your loan fees.
As for how much, if any, of this you can report as a deduction on your taxes, you’ll need to consult with your tax preparer. Depending on how you have booked your loan/fees and loan payments, your deduction calculations will be different that others might.
Square Community
Square Products