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Self-employed
So technically you haven't owned the car. The actual ownership of the vehicle belongs to the bank, and the owner of the car that has not paid off the loan amortization has no right to transfer it to another's name. I think you can follow TurboTax expert's advice because you also didn't make a formal agreement with the bank to transfer the loan amortization.
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‎April 12, 2022
12:01 AM