Webinar - The 1098-VLI: Best and Last Guidance on the Vehicle Loan Interest Deduction... for Now
This session breaks down which loans qualify for the BBB Vehicle Interest Deduction, along with the related interest-rate reduction, reporting, and disclosure requirements. You’ll review current IRS guidance and the latest clarifications, including the most recent final rule and Form 1098-VLI release, then translate that guidance into practical steps credit union teams can apply in day-to-day lending operations.
Attendees will learn how to determine eligibility under 1098-VLI by evaluating vehicle loan types, collateral categories, and common borrower scenarios, including what qualifies and what does not. The session also covers how to execute accurate Form 1098-VLI reporting, including required data elements, timing, and member disclosures, to support compliance and reduce disputes. Finally, you’ll identify frequent operational gaps and control opportunities that can help mitigate audit findings and regulatory risk, while ensuring member-facing and internal communication stays clear and consistent.
Date & Time
Nov. 12, 2026
10 - 11 a.m. CT
Who Should Attend?
Staff at credit unions with assets up to $100M.
Speaker: Nathan Behncke
Nathan Behncke is the associate regulatory compliance counsel for Cornerstone League. He joined in 2013 as an advisor on legislative, regulatory, and compliance issues. He assists credit unions in understanding complex legal and regulatory compliance issues through Cornerstone’s Information Central, which offers a hotline for credit union staff, a compliance newsletter, website, online compliance manual, training, and more. He is also part of the team that analyzes legislation in Arkansas, Oklahoma, Kansas, Missouri, and Texas. Previously, Behncke worked in the U.S. Bankruptcy Court, Northwestern Mutual, and Mercedes-Benz. Behncke has a Bachelor of Science in criminology from Kansas State University and is a graduate of the University of Kansas-School of Law.
