Where do I enter deduction for auto loan interest?

[xmasbaby0]

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

[MinhT1]

The OBBBA has introduced a new deduction for car loan interest paid for new cars you bought for personal use between 2025 and 2028.

The deduction is up to $10,000 if your income is under $100,000 (or $200,000 if MFJ). The deduction is gradually phased for higher incomes.

For the requirements of this deduction, please read this TurboTax Help article.

In TurboTax Online, you can enter your car loan deduction by following these steps:

1. Open your tax return
2. Click on Federal in the left-hand column, then on Deductions & Credits
3. Navigate to the list of Deductions and Credits
4. Click on Other Deductible expenses
5. Locate the section Cars and Other Things You Own and click on the arrow on the right
6. Click Start next to Car Loan Interest 
7. Follow the TurboTax questionnaire to enter your car loan interest
8. The deduction will transfer to Schedule 1-A of your form 1040, which is then transferred together with other deductions such as the additional senior deduction, to line 13b of your form 1040.

[duffluck]

Thanks for the detailed info. However, under the Deductions & Credits and Other Deductible Expenses, I do NOT see any section for "Cars and Other Things You Own" to enter car loan interest for 2025.

Any help would be appreciated!

[DoninGA]

The attached screen shot was originally used to show the Estimated Tax Payment section, but as you can see the section for Cars and Other Thing You Own is also shown.

[duffluck]

Thanks DoninGA. My screen is a bit different then yours. Here are my options. Not sure why?