Tax deduction Questions?

Question

Can I get a tax deduction for having a loan on my car last year ?
Is there any difference in hiring a Tax consultant and Filing it myself online if my case is straight, ie no additional income, mortgages etc, just one source of income and standard deductions.
Will an accountant be able to give me a better refund as compared to online filing

Appreciate it

Answer 1

If it's your personal car, no there's no deduction. If it's a car used for a business you own (NOT for commuting between your home and your job), then maybe.

If your return is pretty straightforward, then you'll get the same results as a paid preparer unless one of you makes a mistake.