Vanessa A
Employee Tax Expert

Deductions & credits

No to most of them.  

Personal loans are not deductible for tax purposes.  If you purchased a new car in 2025, you may qualify for the New Car loan interest deduction.

 

Cable TV/Internet, gas and electric bills for your personal use are not deductible for tax purposes.  These are living expenses.

 

Uber rides for personal trips (not counting medical) are not deductible.

 

Medical bills, and transportation to medical appointments are deductible as itemized expenses.  However, medical expenses are only deductible for the amount that is over 7.5% of your AGI.  This means, that if your AGI is $50,000 only the amount of your medical that is above $3,750 would be deductible.   Itemized expenses include mortgage interest, gambling losses up to 90% or up to winnings (whichever is less),  charitable contributions, state and local taxes up to $40,000, medical expenses in excess of 7.5% of your AGI and federally declared casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss.  

 

Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses. 

The 2025 Standard Deductions are as follows:

  • Married Filing Joint (MFJ)              $31,500
  • Married Filing Separate (MFS)      $15,750
  • Head of Household (HOH)             $23,625 
  • Single                                                 $15,750                                

Blind or over 65 and MFJ or MFS add $1,600

Single or HOH if blind or over 65 add $2.000

Standard Deduction vs. Itemized Deductions: Which Is Better?

 

The best thing to do is to walk through all of the questions in TurboTax to see if you qualify for any credits or deductions.  Everyone's tax situation is different.  


 

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