Tax write off - Interest on Auto Loans for vehicles made in America

ruh-roh-RHO

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Mentioned in Trumps Joint Session of Congress speech. Tax write off - Interest on Auto Loans for vehicles made in America

So ... is the RHO covered by this?

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I’ll be talking with my accountant tomorrow!
 
He only said he "wants to" in a speech. They haven't set anything in motion to actually do it.
Yep, it was mentioned during the speech and while campaigning. Probably won't happen for 2024 tax filing year, hopefully 2025 though. 🤞 Actually what I need is for the SALT (State And Local TAX) cap to be increased.
 
RHO is far from made in America. If you want the tax savings you're going to have to buy a Tesla. You can be certain that whatever is decided upon will it will benefit its owner.


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