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January 30, 2025
Question

Can I deduct the interest on my car loan?

  • January 30, 2025
  • 1 reply
  • 0 views
The $541.99 interest on my car loan was reported to the IRS. Can that amount be deducted from my taxes?

    1 reply

    Employee
    January 30, 2025

    If this is for your personal use car--no.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**