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New for 2025–2028: The Qualified Passenger Vehicle Loan Interest Deduction (Up to $10,000)
By: John B Love III Published on: 02/01/2026Learn about the new 2025–2028 deduction for qualified passenger vehicle loan interest—up to $10,000—plus income phaseouts, vehicle eligibility rules, and what you need to claim it.
DeductionsMAGI phaseoutVehiclesLoan InterestAbove The Line
