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cargo1962
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Do I deduct the interest paid on a car loan?

 
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KrisD
Intuit Alumni

Do I deduct the interest paid on a car loan?

No, only home mortgage interest.

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2 Replies
KrisD
Intuit Alumni

Do I deduct the interest paid on a car loan?

No, only home mortgage interest.

Do I deduct the interest paid on a car loan?

Interest on a personal automobile loan is not deductible.
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