Does my car loan qualify?
The new car loan interest deduction has a specific checklist. Run your loan through it before you assume anything.
Vehicle condition
Final assembly location
Not sure? Look for the "Final Assembly Point" on the Monroney label (the window sticker), or run your 17-digit VIN through NHTSA's decoder — it'll tell you directly.
Loan originated
Filing status
Modified AGI
Based on the OBBBA's car loan interest provision — full breakdown here. Official rules from the IRS.