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March 15, 2025
Question

Where do you enter interest paid on a vehicle?

  • March 15, 2025
  • 2 replies
  • 0 views
Can interest paid on a vehicle be entered on your tax return?

    2 replies

    DoninGA
    March 15, 2025

    Interest paid on a personal vehicle loan, not used in a business, is not entered on a tax return.

    VolvoGirl
    March 15, 2025

    Only if you have a business and use the vehicle in your business.