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Tax deduction for interest on personal debt?

Posted 18 August 2016

Dave said:
18 August 2016 at 10:20

Is interest on debt (credit card, loan, etc. ) tax deductible?

TaxTim Alicia said:
18 August 2016 at 10:21

No interest on personal expenses are unfortunately not tax deductable.

This entry was posted in Tax Q&A and tagged Deductions, Rental Income, Penalties. Bookmark the permalink.

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