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oldmonte68
New Member

Can I deduct interest on a personal loan ?

 
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‎April 14, 2024 4:46 PM
last updated ‎April 14, 2024 4:46 PM
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DoninGA
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Can I deduct interest on a personal loan ?

No.  The interest on a personal loan is not deductible on a tax return.

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‎April 14, 2024 4:47 PM
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DoninGA
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Can I deduct interest on a personal loan ?

No.  The interest on a personal loan is not deductible on a tax return.

‎April 14, 2024 4:47 PM
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