Solved: Can I deduct for interest paid for my car loan?

Can I deduct for interest paid for my car loan?

posted

No - unless the car was used for business and then part or all of the interest can be claimed as a business expense.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

No - unless the car was used for business and then part or all of the interest can be claimed as a business expense.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I deduct for interest paid for my car loan?