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Level 1

Do I deduct the interest paid on a car loan?

 
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Level 9

Do I deduct the interest paid on a car loan?

No, only home mortgage interest.

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Level 9

Do I deduct the interest paid on a car loan?

No, only home mortgage interest.

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Alumni

Do I deduct the interest paid on a car loan?

Interest on a personal automobile loan is not deductible.