A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year.
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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 ...
This new deduction applies to 2025 through 2028 federal income tax returns. To qualify for the deduction, the interest must be paid on a loan used to purchase a passenger vehicle for personal use that ...
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.
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