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President Trump's new tax law allows Americans to deduct up to $10,000 in car loan interest annually. However, strict income ...
It is about boosting all American-made autos, not just EVs, but not all buyers benefit, they must be patient and the incentive is modest.
Some examples of the GMC Sierra full-size pickup truck get the new tax deduction on loan interest, but not all of them.
For value-minded consumers, used cars are generally considered a better deal than new cars. Does the new Trump tax break ...
A new tax deduction lets car buyers write off up to $10,000 in loan interest -- if they meet these key requirements. Find out ...
Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year.
The IRS suggests a new twist for when buyers could take delivery of a new EV and still claim the lucrative tax credit, which ...
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.