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Author Topic: I lost my car to a payday loan. Can I deduct that on my taxes?  (Read 497 times)

ReggieRHillJr

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I lost my car to a payday loan. Can I deduct that on my taxes?
« on: October 21, 2008, 07:59:05 am »
I live in Iowa. I couldn't repay my payday loan so the company took my car instead. Can I deduct this loss on my income taxes?
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