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Old 04-11-2025, 05:27 AM
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Originally Posted by Pballer View Post
The standard deduction was greatly increased in 2017; in reality personal exemptions were done away with and folded into the standard deduction. To take the interest deduction you will probably need to take itemized deductions. Unless you pay a lot in mortgage interest, property taxes and state taxes, or have very large medical bills and charitable deductions, the auto interest deduction will probably be worth very little if anything to you.
This is exactly what I was thinking.
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