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How can you classify a business credit card interest payment in Quicken Home and Business software so that it is correctly identified for taxes

Learn how you set up your chart of accounts would be useful. But here are some possibilities:

If you use classes to separate your business and personal expenses code for the interest expense account, "interest" and business class.

Without classes, you probably want to set up an expense account, "economic interest" and the payment code there instead. This will keep your interests separate deductible mortgage interest or persoanl and facilitate the preparation of your tax return.

Nevertheless, the interest would be reported on Schedule C, interest expense.