If I took out a car loan this year but am above the phase out for deductibility eligiblity, should I wait for the 1099 to come? I have not received the 1099 yet

pjm5091 · ‎February 22, 2026

xmasbaby0 · ‎February 22, 2026

You are not required to enter information for a deduction. And if you already know that you will not be eligible, you do not have to wait for the tax document.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎February 22, 2026

You are not required to enter information for a deduction. And if you already know that you will not be eligible, you do not have to wait for the tax document.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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If I took out a car loan this year but am above the phase out for deductibility eligiblity, should I wait for the 1099 to come? I have not received the 1099 yet