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.
You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...
The average taxpayer is expected to get a bigger refund this tax season under President Donald Trump’s “One Big Beautiful ...
Wondering how much tax relief you can claim? Learn how IRS credits, deductions, payment plans and settlements affect the ...
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