Video Insights: Navigating the 2026 Vehicle Loan Interest Deduction

Proactive Tax Strategy for 2026

At Lizza & Carullo, we believe in anticipating tax changes before they impact your financial structure. The One Big Beautiful Bill Act (OBBBA) has introduced a targeted deduction for vehicle loan interest, which is now effective and available through 2028. For taxpayers focused on optimizing cash flow and minimizing liability, this provision offers a specific planning opportunity.

Reviewing financial statements and tax documents

Gain Year-Round Financial Clarity and Confidence
Partner with Lizza & Carullo CPAs & Advisors for ongoing guidance, proactive tax planning, and strategic financial support. Whether you’re growing a business or navigating personal taxes, our year-round advisory approach helps you stay organized, tax-efficient, and in control — with a team that’s here when you need us, not just at tax time.
Schedule Your Discovery Call

Eligibility and Limits

Under this new rule, you may deduct up to $10,000 annually for interest paid on qualified passenger vehicle loans. However, reviewing your Adjusted Gross Income (AGI) is critical, as the benefit begins to phase out when modified AGI exceeds $100,000 for single filers ($200,000 for married joint filers).

Watch the video below to understand how this deduction fits into your broader 2026 tax strategy.

Gain Year-Round Financial Clarity and Confidence
Partner with Lizza & Carullo CPAs & Advisors for ongoing guidance, proactive tax planning, and strategic financial support. Whether you’re growing a business or navigating personal taxes, our year-round advisory approach helps you stay organized, tax-efficient, and in control — with a team that’s here when you need us, not just at tax time.
Schedule Your Discovery Call
Share this article...

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
Lizza & Carullo CPAs & Advisors Smart tax and advisory support for your business and personal finances.
Welcome to the Lizza & Carullo CPABot. I can help you learn about our Business Advisory Programs, year-round personal tax planning, how to work with our team, and how to schedule a Discovery Call. What would you like to do today?
Please fill out the form and our team will get back to you shortly The form was sent successfully