Comments on: I lost my car to a payday loan. Can I deduct that on my taxes? http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/ Spirit of Learning by Sharing Fri, 10 Sep 2010 11:50:11 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: ninasgramma http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/comment-page-1/#comment-235 ninasgramma Sat, 07 Feb 2009 08:21:58 +0000 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/#comment-235 You did not have a loss. You repaid some or all of the loan with your car. There is nothing to deduct. You did not have a loss. You repaid some or all of the loan with your car. There is nothing to deduct.

]]> By: Judy http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/comment-page-1/#comment-234 Judy Fri, 06 Feb 2009 23:27:22 +0000 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/#comment-234 No, it's not considered a casualty loss, or any other kind of deductible loss. No, it’s not considered a casualty loss, or any other kind of deductible loss.

]]> By: lilabner http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/comment-page-1/#comment-233 lilabner Tue, 03 Feb 2009 20:56:23 +0000 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/#comment-233 after spending 7 years doing taxes the answer is no you cannot claim a loss for your inability to repay a loan. after spending 7 years doing taxes the answer is no you cannot claim a loss for your inability to repay a loan.

]]> By: badbill1941 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/comment-page-1/#comment-232 badbill1941 Tue, 03 Feb 2009 10:11:03 +0000 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/#comment-232 I don't think so, but it would be best to check with a tax adviser. I don’t think so, but it would be best to check with a tax adviser.

]]> By: Wayne Z http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/comment-page-1/#comment-231 Wayne Z Sun, 01 Feb 2009 13:29:57 +0000 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/#comment-231 No. Having your car seized for non-payment of a loan is neither a "Casualty" or a "Theft". No.

Having your car seized for non-payment of a loan is neither a “Casualty” or a “Theft”.

]]> By: k_hart100 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/comment-page-1/#comment-230 k_hart100 Tue, 27 Jan 2009 17:06:19 +0000 http://www.boredofdirectors.org/i-lost-my-car-to-a-payday-loan-can-i-deduct-that-on-my-taxes/#comment-230 You can't deduct stupidity or laziness on your return. NO!! You can’t deduct stupidity or laziness on your return. NO!!

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