Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, but borrowing ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

An IRS Installment plan is an agreement with the IRS that you’re going to pay taxes you owe over a specific timeframe. There ...

Key points Personal loan interest is not tax-deductible on a general basis, but certain uses could potentially qualify you to deduct interest or expenses paid.

Thinking about raiding your 401(k) for quick cash? Learn why a personal loan could be a smarter, lower-cost move to protect ...

No matter how each state imposes tax, when it comes to federal income tax, the rules are the same: you can only deduct taxes you paid on personal property that you own, when tax is imposed on the ...

Personal loans are usually not tax-deductible, but there are exceptions Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and ...