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co-signer

Ask the taxgirl: New cars, tax deductions and losses

23 June 2009

Taxpayer asks:
Earlier this year, I agreed to co-sign on a loan for my adult son for a new car so that he could get to work. He made the first payment and has not made payments since. I have made all of the other payments.
I have 2 questions:
Since I really bought the car, can I [...]

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