OMB control number
Vehicle Loan Interest
OMB 1545-2334 ยท TREAS/IRS.
OMB 1545-2334
Section 70203 of the One, Big, Beautiful Bill Act (OBBBA), Public Law 119-21, amended section 163(h) and added new section 6050AA to the Internal Revenue Code (Code) . Section 163(h)(4) allows a personal deduction for qualified passenger vehicle loan interest. Section 6050AA of the Code requires any person engaged in a trade or business (recipient) who, in the course of that trade or business, receives from any individual interest aggregating $600 or more for any calendar year on a specified passenger vehicle loan, to file an information return reporting the receipt of interest and furnish a statement to the individual reflecting the same information. Sections 6050AA and 163(h)(4) apply to indebtedness incurred after December 31, 2024.
The latest form for Vehicle Loan Interest expires 2029-09-30 and is listed under ICR 202512-1545-001.
Latest Forms, Documents, and Supporting Material
| Document | Type |
|---|---|
 Form 1098-VLI Vehicle Loan Interest Statement | Form |
| ACU Letter to Treasury PRA Comment Request on Vehicle Loan Interest Statement 1.26.26.pdf | Public Comments |
| 1545-2334 The Tax Shack Comment.pdf | Public Comments |
| 1545-2334 - Joseph E Madden Comment.pdf | Public Comments |
| 1545-2334 - A Plus Bookkeeping and Tax Services.pdf | Public Comments |
 Responses 1545-2334 Comment Matrix Rev 022526.docx | Supplementary Document |
| 1545-2334 Supporting Statement - Form 1098-LVI MM.docx | Supporting Statement A |
 Information Returns for Vehicle Loan Interest |
Form |
| Information Returns for Vehicle Loan Interest |
Other-Notice |
All Historical Document Collections
| Reference | Filing | Received | Concluded | Action |
|---|---|---|---|---|
| 202512-1545-001 | Extension without change of a currently approved collection | 2026-03-31 | ||
| 202510-1545-002 | New collection (Request for a new OMB Control Number) | 2025-10-20 | Approved without change |