Strategic View: OBBBA Interest Deduction

The One Big Beautiful Bill Act (OBBBA) has introduced a vehicle loan interest deduction of up to $10,000, applicable now through 2028. While this provision offers relief, precise execution is required to ensure compliance.

Crucially, the benefit phases out at a modified AGI of $100,000 ($200,000 for joint filers). For clients managing complex financial legacies, determining eligibility early ensures your strategy remains clear and defensible.

Watch the video below to understand the specific mechanics of this deduction.