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Old 10-17-2008, 06:09 AM   #1
ReggieRHillJr
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Join Date: Oct 2008
Posts: 3
I lost my auto to a payday loan. Can I deduct that on my taxes?

I live in New Jersey. I couldn't repay my payday loan so the company took my auto instead. Can I deduct this loss on my income taxes?
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