You'll need to sign in or create an account to connect with an expert.
To enter this in TurboTax Online, navigate to Federal > Deductions & Credits > Add more deductions > Cars and Other Things You Own > Car Loan Interest
There are a few qualifications that are required in order to be eligible for this deduction.
According to What is the vehicle loan interest deduction?, here are the rules:
Thank You!!
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
JMillBrand13
New Member
Discipe
Level 1
anthonyspironello
New Member
US_Tax_Padawan
Returning Member
pesgas
Level 1