GREENSBORO, N.C. — You’ve heard a lot about the One Big Beautiful Bill, including how you can deduct your auto loan interest from your taxes next year.
Is this deduction for anyone who has a car loan? Let’s verify.
The One Big Beautiful Bill
Tiffany Dodson of Stanaland, Dodson & Associates
INFORMATION:
The One Big Beautiful Bill is lengthy. Section 70203 details the ‘No tax on car loan interest’.
The tax deduction is available for taxable years 2025 through 2028. …