10/21/2025
🚘 Tax Tip 2025: Car Loan Interest May Be Deductible!
Starting in 2025, you could write off interest paid on your personal car loan 👏🏾
✨ Applies to cars, SUVs, pickups, and motorcycles (under 14,000 lbs) made in the U.S.
✨ Lenders will now report your interest — like a mortgage statement 🏦
✨ Keep your loan statements & interest summaries!
This new rule could lower your tax bill and keep 💵 in your pocket.
Follow for more 2025 tax updates 🩵💼