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How does ‘no tax on car loan interest’ actually work?

Summary by NNY360
Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes.
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NNY360NNY360

How does ‘no tax on car loan interest’ actually work?

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes.

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NNY360 broke the news in on Friday, January 30, 2026.
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