Its not used for work, its just a car for personal use
03540
3 Replies
xmasbaby0
Level 15
Apr 17, 2023 6:50:54 PM
No you do not enter your car loan anywhere on your tax return.
lourdespulidol
New Member
Apr 17, 2023 6:53:28 PM
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?
xmasbaby0
Level 15
Apr 17, 2023 7:30:09 PM
@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.