Is interest on a car loan deductible ?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Is interest on a car loan deductible ?

Interest on a car loan is considered personal and is not deductible.

If you use the vehicle in a business then it could be deductible.

View solution in original post

1 Reply

Is interest on a car loan deductible ?

Interest on a car loan is considered personal and is not deductible.

If you use the vehicle in a business then it could be deductible.

Still have questions?