Comments on: Is interest on a personal loan deductible?

By: Judy

Judy — Thu, 30 Apr 2009 19:40:35 +0000

Not unless it’s secured by your house

byu1980 — Tue, 28 Apr 2009 22:12:37 +0000

No, it qualifies as “consumer interest,” and hasn’t been fully deductible since the phase-out of the provisions of the Tax Reform Act of 1986.

Jorge — Sun, 26 Apr 2009 07:27:31 +0000

No.

bostonianinmo — Wed, 22 Apr 2009 19:30:28 +0000

No, that’s not deductible.