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Is your car insurance tax deductible?

Audrey Morgan | 2023-05-07 23:45:05 | page views：1850
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Isabella Turner

Studied at the University of Melbourne, Lives in Melbourne, Australia.
If you aren't taking the IRS's standard tax deduction and instead choose to calculate all of your actual expenses for the year, keep documented track of the car insurance you pay as well so you can file it with your return. ... If you don't use your car for business purposes, you can't claim insurance as a deduction.
2023-05-11 23:45:05
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Benjamin Murphy

QuesHub.com delivers expert answers and knowledge to you.
If you aren't taking the IRS's standard tax deduction and instead choose to calculate all of your actual expenses for the year, keep documented track of the car insurance you pay as well so you can file it with your return. ... If you don't use your car for business purposes, you can't claim insurance as a deduction.
How to Claim Your Car Insurance as a Tax Deduction - Quoted
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