Car Loan Interest Deduction
Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register Sept. 8, 2026. Document 2026-18219. Updated Nov. 6, 2026.
- What it does
This document contains final regulations regarding the deduction for certain taxpayers for an amount up to $10,000 of qualified passenger vehicle loan interest. This document also contains final regulations regarding new information reporting requirements for certain persons who, in a trade or business, receive from any individual interest aggregating $600 or more for any calendar year on a specified passenger vehicle loan, including applicable penalties for failures to file information returns or furnish payee statements as required. These regulations affect taxpayers that may deduct qualified passenger vehicle loan interest, and also persons subject to these information reporting requirements.
The Internal Revenue Service's summary, as published in the Federal Register.
- What changed in the regulation
2 parts of Title 26 of the Code of Federal Regulations:
Wording on eCFR: the day before it took effect and from the day it took effect (first part listed).
- Compared with
The Internal Revenue Service has published 22 final rules in 2026 so far, compared with 21 in all of 2025.
Counted by the Tribune from Federal Register records since Jan. 1, 2025.
- Before this
1 earlier Federal Register document under regulation identifier 1545-BR75 since Jan. 1, 2025.
- What happens next and when
Effective date: The final regulations are effective on November 9, 2026.
The agency's dates, word for word.
The record as published
| Document number | 2026-18219 |
|---|---|
| Action | Final regulations. |
| Agencies | Treasury Department; Internal Revenue Service |
| Published | Sept. 8, 2026 |
| Effective date | Nov. 9, 2026 |
| Regulation identifier (RIN) | 1545-BR75 |
| Docket | IRS-2026-0001 |
Source: the Federal Register (public domain). The document in the Federal Register