IRS Rolls Out Rules For Deducting Car Loan Interest Under The New Tax Law

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
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Student Loan Interest Deduction Explained

・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to ...
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Tax Deductions Explained (and Common Ones You Could Claim)

Part of being an American is looking toward Tax Day with either dread or anticipation — no matter how far out it is. Will you have to cut a check to Uncle Sam, or will you get a plump refund? Tax ...
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Is the Section 199A Dividend Deduction Right for You? Pros and Cons Explained

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Section 199A dividends are distributions from the profits of domestic real estate investment trusts ...