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15jasmine
New Member

If I took out a cosmetic loan like creditcare, would I have to mention it on my taxes?

 
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DS30
New Member

If I took out a cosmetic loan like creditcare, would I have to mention it on my taxes?

No, that information is not required to be reported on your tax return. Any interest payments on this type of loan will be considered personal and not deductible.

Additionally, you will not be able to claim a medical deduction for any elective medical surgery or procedures.

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1 Reply
DS30
New Member

If I took out a cosmetic loan like creditcare, would I have to mention it on my taxes?

No, that information is not required to be reported on your tax return. Any interest payments on this type of loan will be considered personal and not deductible.

Additionally, you will not be able to claim a medical deduction for any elective medical surgery or procedures.

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