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Can you claim auto loan on your taxes?

Updated: 9/17/2023
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11y ago

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yes

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11y ago
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Q: Can you claim auto loan on your taxes?
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Do you need to file your auto insurance claim with your taxes when filing them?

Your auto insurance claim has nothing to do with filing your income taxes. You file your auto claim by notifying your agent right when the incident occurs so they can start working on the claim as fast as possible.


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Outside of a business setting, or home mortgage, No.


If someone has bad credit can they get an auto loan?

You be able to get an auto loan if you have bad credit depending on the loan provider. Some loan agencies claim to fame is not checking your credit score. You may have to search many places and find a good loaner.


Are insurance claims from hail damage to home and auto taxable?

No, but you cannot claim the loss on taxes.


Do you have to claim on your taxes when ex husband buys out your equity in home?

If it is income, in the form of forgiven loan or as a payment, then yes. If it is a gift, then no.


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Approach the bank that you have the agreement with to discuss the issues


Does you parents income count if you are 18yrs old for a student loan?

It depends if you claim yourself for taxes or not. You should chech with your guidance counseler.


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can you claim street clothes on you taxes


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Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.


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An auto loan is a secured loan. A lien on the car helps the lessen the risk for the lender.