Trump’s BBB could help you deductio your auto loan, but it has to be a new car made in the U.S.A. Here’s what else you need

Why did Bitcoin hit a new all-time high? How will Amazon's AI shift affect jobs? What impact do Trump’s new tariffs have? Why is the EU delaying retaliatory US tariffs? How did Nvidia respond to Trump’s tariffs? Why did CoreWeave stock tumble sharply? How will Macron's defense boost affect Europe?

Trump’s BBB could help you deductio your auto loan, but it has to be a new car made in the U.S.A. Here’s what else you need

fortune.com/2025/07/13/how-much-can-you-deduct-taxes-auto-loans-new-car-trump-bbb

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new “Big Beautiful Bill” tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle loans.
The new tax break will be…

This story appeared on fortune.com, 2025-07-13 13:51:06.