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April 14, 2024
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Can I deduct interest on a personal loan ?

  • April 14, 2024
  • 1 reply
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Best answer by DoninGA

No.  The interest on a personal loan is not deductible on a tax return.

1 reply

DoninGA
DoninGAAnswer
Employee
April 14, 2024

No.  The interest on a personal loan is not deductible on a tax return.