--- title: "Car Loan Interest Deduction Checklist and Log | MCC" description: "Check a new car loan against the IRS rules (loan date, US final assembly, personal use), log the interest and check the lender's year-end statement." url: "https://mcc-solutionsnj.com/toolkits/car-loan-interest-deduction-log" --- Document pack # Car Loan Interest Deduction Checker and Log: Eligibility Checklist, Interest Log and Lender Statement Line up the loan, the vehicle and the interest the way Schedule 1-A, Part IV asks for them. **$12** one time · 14-day full refund · Word and PDF · download link by email Buy now, $12 Free sample 🌙 The desk is asleep. The store never is. Every kit and ebook downloads the moment you pay, day or night. Questions get answered after we open in the morning. [Browse the store](/toolkits) Who it is for People who financed a new car, SUV, pickup or motorcycle for personal use in 2025 or later, and their tax preparers. Not the right fit if Your car was used or bought mainly for business, or the loan began before 2025: this checks the new-car, personal-use deduction. Why it is different - Built from the final IRS regulations (T.D. 10054). - Shows both ways the IRS lets you check final assembly. - Excel interest log with the phase-out math, plus Word files and PDFs. What is inside - **Eligibility checklist.** Loan date, first lien, new vehicle, weight, personal use and how to check final assembly by VIN or label. - **Interest log.** Payment by payment: interest, principal and balance, with loan details. - **Lender statement and year-end.** What the lender's statement shows, and the cap and phase-out worked out. A look inside ## The first pages, as you will get them [![Page 1 of the Eligibility Checklist (Car Loan Interest Deduction Checker and Log)](/img/toolkits/car-loan-interest-deduction-log/doc-1.webp)](/img/toolkits/car-loan-interest-deduction-log/doc-1.webp) First page of Eligibility Checklist [![Page 1 of the Interest Log (Car Loan Interest Deduction Checker and Log)](/img/toolkits/car-loan-interest-deduction-log/doc-2.webp)](/img/toolkits/car-loan-interest-deduction-log/doc-2.webp) First page of Interest Log Get it ## Car Loan Interest Deduction Checker and Log Or pay with PayPal Uses the email and terms box above. You get the same download link by email. ZIP code (for sales tax) Want every toolkit? The [toolkit membership](/membership) includes all of them, with a lower rate if you pay yearly. Get every update for a year, $29: the [Yearly Updates Pass](/updates-pass?kit=car-loan-interest-deduction-log) gives you each refreshed edition we release of the kits you own. One payment, no automatic renewal. Delivered as a zip of editable Word files and printable PDFs. For one business, your own use. General information and templates, not legal, tax or accounting advice. General information, not tax advice. Your preparer decides what you can claim. Not affiliated with the IRS or NHTSA. Payment is handled by Stripe. If a file will not open or something looks wrong, reply to your order email and we will make it right. Ways to get it ## Just this kit, or more This kit **$12 one time** Car Loan Interest Log. Buy this kit Membership **$29 a month** Every kit and document pack in the store, including new ones. Cancel any time. [See the membership](/membership) Questions ## Common questions **What do I get and how is it delivered?** The Car Loan Interest Log comes as a zip with three documents, each as an editable Word file and a printable PDF: Eligibility Checklist, Interest Log, and Lender Statement and Year-End, plus an Excel workbook (Car Loan Interest Log Workbook). The download link arrives by email after payment. **Will it open on a Mac, Google Sheets or my phone?** The PDFs open in any PDF reader, and the Word files edit in Word, Google Docs or LibreOffice. The workbook is built for Excel and tested in LibreOffice; it should open in Google Sheets, but not every feature is tested there. If a file will not open or something looks wrong, reply to your order email and we will make it right. If it is not right for you, email us within 14 days of buying for a full refund. **Is this legal or tax advice?** General information, not tax advice. Your preparer decides what you can claim. **Is it the right fit for me?** It is made for people who financed a new car, SUV, pickup or motorcycle for personal use in 2025 or later, and their tax preparers. Skip it if your car was used or bought mainly for business, or the loan began before 2025: this checks the new-car, personal-use deduction. Free sample ### Try one page first Get a real page or file from this product by email. We send one confirmation email, and no series follows. Also from MCC Solutions [### Month-End Close Workbook A real month-end close in one Excel file. It tells you when a rec does not tie, which variances still need an answer, and when the period is ready to lock. $19](/toolkits/month-end-close-workbook)[### Sales-Channel Profit Tracker Which channel makes you money, and which one only looks busy? 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