The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above-the-line deduction of up to $10,000 in car loan interest.
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New tax break — write off $10,000 in car loan interest
Did you buy a new car last year? You might be eligible for a tax deduction on your auto loan interest. Here are the rules.
The U.S. House of Representatives new bill would resurrect auto loan interest tax deductions—but there are several details to consider. The U.S. House of Representatives has passed President Trump’s ...
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