New Car Loan Interest Tax Deduction: How to Write Off Up to $10,000 (2025–2028)
New Tax Deduction for Car Buyers (2025–2028) If you’re planning to buy a new car between 2025 and 2028, there’s a tax break you’ll want to understand before you sign the loan paperwork. A new tax provision allows eligible taxpayers to deduct up to $10,000 per year in interest paid on a qualified car loan […]