01/23/2026
Great News for Taxpayers!
🚗💸 New Tax Break for Car Buyers (2025–2028) 🇺🇸
Buying a new, U.S.-assembled vehicle? You may be able to deduct up to $10,000 in auto loan interest — even if you take the standard deduction.
✅ Loan after 12/31/24
✅ New vehicle (personal use, under 14,000 lbs)
✅ Final assembly in the U.S.
✅ Income under $150k (single) / $250k (married)
💡 It’s an above-the-line deduction, meaning it lowers your AGI.
🚙 Popular qualifying models (VIN-specific) include Jeep Wrangler, Wagoneer, Ram 1500.
⏳ Runs 2025–2028
👉 Check the car door sticker or VIN before you buy.
Call Today! Schedule an appointment with our A & H Tax Accountants. Call Tony Tamba at (401) 649-3670.