topic Where do i take off interest I paid on new car purchased in 2025? in Deductions & credits

Where do i take off interest I paid on new car purchased in 2025?

mare5081 — Sun, 01 Mar 2026 11:44:36 GMT

Re: Where do i take off interest I paid on new car purchased in 2025?

DoninGA — Sun, 01 Mar 2026 12:03:34 GMT

To enter New Car Loan Interest -

Click on Federal Taxes (Personal using Home & Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Cars and Other Things You Own
On Car Loan Interest, click on the start or update button

Re: Where do i take off interest I paid on new car purchased in 2025?

AnnetteB6 — Sun, 01 Mar 2026 12:07:08 GMT

Go to Deductions and Credits > Cars and Other Things You Own > Car Loan Interest and click Start to enter your information.

See the following TurboTax help article to learn more:

What is the vehicle loan interest deduction?

@mare5081