Auto Loan Interest Deduction

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4 Ways To Get the Most from Trump’s Below-the-Line Tax Deductions
Yahoo Finance· 2025-10-05 12:47
Donald Trump signed into law his sweeping and controversial One, Big Beautiful Bill Act (OBBBA) over the summer — a vast and complicated bit of legislation that, as CNBC noted, will potentially bring about massive changes to your taxes, especially in regard to below-the-line deductions (i.e., itemized deductions taken after your Adjusted Gross Income [AGI] that reduce your taxable income). Learn More: What Are Progressive Taxes and How Do They Work? Check Out: 6 Hybrid Vehicles To Stay Away From in Retirem ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-17 19:45
RT Tesla North America (@tesla_na)Attention AmericansUp to $10k in interest on your auto loan is now deductibleYou can stack this with the $7,500 federal tax creditCombined with zero gas & almost no maintenance, a Tesla saves you more $$$ in the long run, too ...