2025-2028 vehicle loan deduction

Car loan interest deduction estimate

Allowed deduction

$4,200

Original use starts with you
Loan incurred after Dec. 31, 2024
Loan is secured by a first lien
Vehicle is for personal use
Final assembly was in the United States
GVWR is under 14,000 lb
Lease, fleet, salvage, scrap, or related-party loan
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