The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions ...
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Is car loan interest tax deductible? New tax rules explained
Is car loan interest tax-deductible in 2025? Learn who qualifies under the new 2025 to 2028 rules, income limits and business ...
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...
A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller savings.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
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IRS proposes car loan interest rules
The Internal Revenue Service released proposed regulations on car loan interest, setting the stage for new guidance that could affect millions of taxpayers and a large share of auto lenders. The ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
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New tax deductions for 2025: Car loans, tips, and overtime pay
The 2025 Trump tax law introduced several new above-the-line deductions. Learn if you can deduct interest on your car loan, tip income, or overtime pay on your 2025 return.
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Bought a car, worked overtime, or earned tips? The IRS may owe you money under a new law
The 2025 tax law introduces new deductions for car loan interest, qualified tip income, and overtime pay. Learn the rules and ...
The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...
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