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AOA, I have to pay about $6000 on my car loan which I pay each month. Can I deduct this loan from my total zakatable funds. Also, when calculating zakat for husband and wife, how cash in joint accounts should be treated.

الجواب حامداومصليا
It is permissible for you to deduct the amount of outstanding debt from your total Zakah calculation. When you are calculating the Zakah, you may subtract the debt amount from the total Zakatable assets.
Zakat should be calculated separately for each individual. Balance of joint ownership should either be attributed to one individual for Zakah calculation purpose or Zakah should be paid jointly on behalf of both owners.
And Allah knows best.
Mufti Ikram ul Haq
Fatwa Center of America