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| *Loan,banking and credit>>>auto loan |
Is interest paid on an auto loan through a bank deductible? |
Is interest paid on an auto loan through a bank deductible? No. Only mortgage interest is deductible. 10 years in mortgage banking lign="right" > Sign in to vote! Only if the auto was used for business purposes and only the portion related to the business use of the automobile. lign="right" > Sign in to vote! lass="explain-text">Sometimes none of the answers get it just right. If so, pick "No Best Answer". Voters DO NOT get any points for voting on the No Best Answer. lign="right" > Sign in to vote! |
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