- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
If you are asking if you can deduct your car loan payment, the answer is likely "no".
You have never been able to deduct the principal portion of the loan payment, and it has been many years since you have been able to deduct the interest portion of the loan payment.
This answer is for the federal return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 22, 2021
8:42 PM