turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do you get to claim interest for a car loan?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
JillS56
Expert Alumni

Do you get to claim interest for a car loan?

No, you cannot claim interest for a car loan.   

 

Do you get to claim interest for a car loan?

since you are self-employed if it's used for business and you take actual expenses a prorata portion will be deductible based on business miles to total miles just like other expenses for the vehicle.

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question