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Is the Interest Paid On a Car Loan Tax Deductible?

written by: Bobby Ivie•edited by: Rebecca Scudder•updated: 12/24/2010

Trying to figure out tax deductions can be a real headache. But paying more than your fair share can, too. For example, can the interest paid on a car loan be deducted on income tax returns? Not sure? Read on and learn.







