Where do we enter interest that we paid on personal loans such as a boat, motorcycles and vehicles? I know i've done it in the past and can't find it now.

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Where do we enter interest that we paid on personal loans such as a boat, motorcycles and vehicles? I know i've done it in the past and can't find it now.

Personal loan interest payments are not deductible on a federal tax return. Those types of interest payments were removed from the tax code by the Tax Reform Act of 1986

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Where do we enter interest that we paid on personal loans such as a boat, motorcycles and vehicles? I know i've done it in the past and can't find it now.

Personal loan interest payments are not deductible on a federal tax return. Those types of interest payments were removed from the tax code by the Tax Reform Act of 1986

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