A new federal deduction allows some drivers to write off interest on new car loans. Here’s who qualifies and how to claim it.

The IRS has released guidance on a new deduction that allows eligible taxpayers to write off up to $10,000 in auto loan ...

There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are ...

KEY TAKEAWAYS Under a new tax break from the "One Big, Beautiful Bill," taxpayers will be able to deduct part of the interest ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

A new $10,000 car tax break is making headlines — and it sounds like a dream come true for anyone with a car loan. Tucked inside the One Big Beautiful Bill is a “No Tax on Car Loan Interest” deduction ...

Bought and financed a new car in 2025? You may deduct up to $10,000 in interest under a new federal tax break. Learn who ...

The much-touted new tax breaks for tips, overtime, seniors and car loan interest have a lot of income tax filers expecting a ...

New deductions on tips, overtime, car loan interest, and more are part of sweeping federal tax changes. Here's what could ...

Learn about new 2025 tax deductions and credits from the OBBBA, including overtime, senior and car loan breaks, so you can ...

(CBS) — If you’re one of the millions of Americans who purchased a new car last year, you could benefit from a new tax break that allows taxpayers to deduct interest paid on their auto loans. The car ...