The Internal Revenue Service (IRS) building in Washington on March 25, 2024. Madalina Vasiliu/The Epoch Times
The Internal Revenue Service (IRS) and the Department of the Treasury issued guidance on Wednesday regarding the deduction for car loan interest payments made by taxpayers.
A statement from the IRS said that the One Big Beautiful Bill Act, signed into law by President Donald Trump in July, includes a provision regarding auto loan interest paid by car owners.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/us/irs-treasury-issues-guidance-clarifying-new-car-loan-interest-deduction-rules-5964985/?utm_source=partner&utm_campaign=whatfinger
