The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
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In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...
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The proposed regulations issued today relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, ...
In addition to capping your car payments at about 15% of your monthly take-home pay, financial experts also recommend that ...
IRS guidance explains who qualifies for a new tax deduction on car loan interest, with limits on income, vehicle type, and ...
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...
New Edmunds data shows new car monthly payments, financed amounts, and long loan terms hitting record highs — exposing the ...
Edmunds released its fourth-quarter data on Jan. 5 and it showed various records being broken including the highest ...
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