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interest received on an investment loan -
I received interest on a spousal loan for investments. Where do I report this in TurboTax standard? Other income, or investments
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April 29, 2023
7:50 AM
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Investors and rental owners
Hi!
Interest on a spousal loan is reported as Income, so should go under the "other income" section. here is some more info on Spousal loans: https://turbotax.intuit.ca/tips/one-way-to-split-income-with-your-spouse-a-spousal-loan-2391
May 1, 2023
10:53 AM