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Is Car Loan Interest Tax Deductible?

 
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Level 7

Is Car Loan Interest Tax Deductible?

Car loan interest would be deductible if the vehicle was used for self employment, or in the service of an employer, but it is not deductible for personal use.

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Level 7

Is Car Loan Interest Tax Deductible?

Car loan interest would be deductible if the vehicle was used for self employment, or in the service of an employer, but it is not deductible for personal use.

View solution in original post