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Is Auto Insurance Tax Deductible? It Depends
Posted: March 15, 2018
Tax deductions are a way to lower your taxable income, so you can decrease the amount of taxes that you owe the government. Thinking about the different IRS-approved deductions as you prepare your tax returns may lead you to wonder: Is auto insurance tax deductible? The answer? It depends on how you use the car and other factors. Using a car for work Businesses that...