best answer > Can you claim your car loan on your taxes 2024?- QuesHub | Better Than Quora
  • Can you claim your car loan on your taxes 2024?

    You can loan car

    Questioner:Naomi Smith 2023-05-08 00:07:56
The most authoritative answer in 2024
  • Amelia Lewis——Studied at the University of Cape Town, Lives in Cape Town, South Africa.

    You can't deduct the loan interest on a personal car but you can for a business car. You may deduct interest on a loan for a car you use in your business. Taxpayers can even deduct the interest if you take out a home equity loan to buy a business vehicle. ... He uses the standard mileage rate to deduct his car expenses.read more >>
    +119962023-05-18 00:07:56

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