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Level 1
April 15, 2026
Question

Where do I enter my vehicle loan interests. I am not itemizing. It is not showing up under tax breaks/deductions

  • April 15, 2026
  • 2 replies
  • 208 views
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2 replies

Level 15
April 15, 2026

CAR LOAN INTEREST

Go to Federal>Deductions and Credits>Cars and Other Things You Own>Car Loan Interest

The amount will go on Schedule 1a and end up on Form 1040 on line 13b

 

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DawnC
Level 15
April 15, 2026

Go to the Deductions & Credits section, scroll down to Cars and Other Things you Own, and then select START next to Car Loan Interest Deduction.  

 

What is the vehicle loan interest deduction?

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