The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...
There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are ...
The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.
Bought and financed a new car in 2025? You may deduct up to $10,000 in interest under a new federal tax break. Learn who ...
As the average price of a new car reached an all-time record high of $50,326 in December 2025, U.S. shoppers are having a ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.
The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those who applied for auto loans in October 2025, 15.2% — or more than 1 in 10 — ...
Tenet simplifies the process of financing an EV.