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12y ago

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Related Questions

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.


What is the maximum amount of the 2018 student loan interest deduction that can be claimed on my taxes?

The maximum amount of student loan interest deduction you can claim on your taxes for the year 2018 is 2,500.


Can you claim closed end loan interest on your taxes?

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


Can I claim the interest paid on a personal loan as a deduction on my taxes?

Yes, you may be able to claim the interest paid on a personal loan as a deduction on your taxes if the loan was used for qualifying expenses such as education, business, or investment purposes. It is important to consult with a tax professional or refer to the IRS guidelines for specific eligibility criteria.


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.


I want to get an insurance claim that I got with an auto loan from a bank. How can I go about it?

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


What are the eligibility criteria for claiming the home improvement loan interest deduction on my taxes?

To claim the home improvement loan interest deduction on your taxes, you must meet the following criteria: the loan must be used to make improvements to your primary or secondary residence, the loan must be secured by your home, and the improvements must add value to the property.


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.


How can I write off bad debt from a personal loan?

To write off bad debt from a personal loan, you can claim a deduction on your taxes by reporting the debt as a loss on your tax return. This can help offset your taxable income and reduce the amount of taxes you owe.


Are four wheelers under auto loan or personal loan?

Auto Loan