The $10,000 car loan tax deduction: Here's who qualifies and how to claim it 30.4%
Fox Business - By Eric Revell - 3/19/2026, 7:22 PM
A new tax break is available this filing season for taxpayers who have car loans on vehicles that meet certain specifications. The One Big Beautiful Bill Act (OBBBA), which was passed through Congress by Republicans using the reconciliation process and signed into law last year by President Donald Trump, included a provision allowing... more