Form 1098-VLI | Blog

Posted inin IRS Updates
Tax Tips

New Auto Loan Interest Reporting Under OBBBA: What Lenders Need to Know

The OBBBA created a new auto loan interest deduction and reporting requirement for lenders. Starting with 2026 interest, lenders may need to report qualifying vehicle loan interest using Form 1098-VLI. Learn about qualifying loans, filing deadlines, and what lenders need to track.

Posted byMichael Long
September 17, 2026
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Posted inin Tax Tips

Form 1098-VLI Explained: Vehicle Loan Interest Filing Requirements for Lenders

Lenders that issue qualifying vehicle loans must file Form 1098-VLI to support a new federal deduction established by the One Big Beautiful Act (OBBBA). Understanding who must file, what information is required, and when to file is essential as lenders prepare for this upcoming filing season.

Posted byCharles Hardy
August 28, 2026
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