1. 

   Comment by Greenio
   March 11, 2010 @ 8:43 am

   I don’t believe so. That would be nice though. I’m in California, so your state may have different rules.

2. 

   Comment by Tfr4444
   March 11, 2010 @ 9:23 am

   no, it isn’t
   I is if it says so
   You get a rax deduction if you buy something related to your job that your company did not pay you back for.

3. 

   Comment by LC
   March 11, 2010 @ 10:03 am

   Neither are deductible if it’s for your personal use. If it’s for a business, then you can deduct them.

4. 

   Comment by CNuxoll
   March 11, 2010 @ 10:27 am

   Insurance is not. But the interest you pay on your home loan is. The interest on your car loan is not. Sales tax is too, if you keep receipts (maybe just for large purchases) for the whole year.

   If you use your car for work (not just to and from) and are not reimbursed by your company, you can deduct mileage at somewhere about (don’t quote me – this is ballpark) $0.425 a mile. I know federal allows this, but unsure about state.

5. 

   Comment by bostonianinmo
   March 11, 2010 @ 11:02 am

   No, those are not deductible on an individual income tax return.

6. 

   Comment by Rob
   March 11, 2010 @ 11:36 am

   Insurance premiums for your house and car are not deductible on the Federal Tax return

7. 

   Comment by Judy
   March 11, 2010 @ 12:00 pm

   Homeowners, no unless you use part of your home exclusively for business. If your car is owned by your business or used for business purposes, you might be able to deduct some of the car insurance if you deduct actual expenses and not mileage – otherwise, no, you can’t deduct car insurance.

   This is definitely true for federal, and as far as I know, for states also. I don’t know all the state laws so there could be an exception, but I’d be surprised if there is..

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