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March 16, 2025
Question

Can I deduct my vehicle payment?

  • March 16, 2025
  • 1 reply
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    1 reply

    March 16, 2025

    No, you cannot deduct your vehicle payment.  If you are able to deduct the vehicle expenses for a business expense, you would use the depreciation of the asset and you would be able to deduct the interest as a business expense if you use actual expenses.