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fromFast Company
8 months ago

There's a new tax deduction for car loans in Trump's 'big, beautiful bill.' Here's who's eligible-and what's the catch

The deduction is available to those with "qualified passenger vehicles" who fall under certain income limits. For single filers with an adjusted gross income up to $100,000, the deductions on vehicle loans are capped at $10,000 in interest each year.
US politics
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