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New Member
posted Jun 7, 2019 3:48:45 PM

Do I deduct the interest paid on a car loan?

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1 Best answer
Intuit Alumni
Jun 7, 2019 3:48:46 PM

No, only home mortgage interest.

2 Replies
Intuit Alumni
Jun 7, 2019 3:48:46 PM

No, only home mortgage interest.

Alumni
Jun 7, 2019 3:48:50 PM

Interest on a personal automobile loan is not deductible.