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Do I add a car loan to my return

Its not used for work, its just a car for personal use
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3 Replies

Do I add a car loan to my return

No you do not enter your car loan anywhere on your tax return.

**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.**

Do I add a car loan to my return

I bought a car last year, I paid some of it off in cash when purchasing and the rest was on a loan. I don’t add that anywhere when filing my taxes correct?

Do I add a car loan to my return

@lourdespulidol No, your car loan nor paying off the car is entered on a tax return.    You do not enter anything about your car loan unless you are using it for business.

**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.**
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