I am listed as the borrower and she is listed as the co-borrower. However ist is her car and she is paying the loan off on her own. Also, I itemize my taxes and she does not.
You'll need to sign in or create an account to connect with an expert.
Your daughter would be entitled to the deduction, since she's paying the auto loan and, presumably, the sales tax. However, she would need to itemize her deductions to get any benefit from claiming the sales tax deduction.
Your daughter would be entitled to the deduction, since she's paying the auto loan and, presumably, the sales tax. However, she would need to itemize her deductions to get any benefit from claiming the sales tax deduction.
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.
MummyatLilliput
New Member
lynnot
New Member
Cstark77
New Member
berniek1
Returning Member
runamuckretreat
New Member