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Can I deduct the interest I paid on a camper i owned in 2023 on my taxes?

If so where would I add this deduction?
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1 Reply
DavidD66
Expert Alumni

Can I deduct the interest I paid on a camper i owned in 2023 on my taxes?

If your camper has sleeping, cooking, and toilet facilities, it qualifies as a home and the interest on a loan that is secured by the camper is tax deductible as an itemized deduction on Schedule A. In order to take the deduction, you have to itemize, as opposed to taking the Standard Deduction.  If you do not itemize your deductions, you cannot deduct the interest.   

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