05/13/2026
Bought a vehicle in 2025 and planning to claim the new car loan interest tax deduction? Be careful. Many taxpayers are making a costly mistake by using estimated loan paperwork instead of the actual interest paid.
In this video, Josh Webskowski explains how the new 2025 car loan interest deduction works, why waiting for your 1099-INT matters, and how filing too early can trigger IRS notices, amended returns, penalties, or reduced refunds..
Enjoy the video with helpful tips 👇🎥
https://www.youtube.com/watch?v=deZBOtJ3kLU
Bought a car in 2025 and planning to claim the new vehicle interest tax deduction? Be careful. Many taxpayers are making a costly mistake by using estimated ...