Some Drivers Can Now Claim a Tax Deduction on Car Loan Interest. Here’s How It Works

The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.
GCN

How to claim the 2025 clean vehicle tax credit with a binding contract

The EV incentives, both federal and state, have never been through the implementation of unprecedented changes as the clean vehicle tax credit heads towards the deadline of September 30, 2025, and ...
FinanceBuzz on MSN

Bought a new car last year? You could qualify for this tax break

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 ...
USA Today

EV tax credit ends soon, but it's still as complicated as ever: What to know

The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30 Not everyone will qualify for ...
WSB-TV

Electric vehicle tax credits set to end in 2025: What you need to know

Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...