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Education
The info I find on the internet does say it can be deducted even with taking the standard?
Yes, you can use Form 1098-VLI to claim a deduction for interest paid on a qualified new-vehicle loan, even if you are taking the standard deduction, because this, (often referred to as part of the One Big Beautiful Bill Act (OBBBA)) allows for a below-the-line deduction. It is designed as a temporary incentive to deduct up to
of interest paid on qualified vehicle loans, independent of itemizing.
‎February 17, 2026
11:24 AM
3,636 Views