Do federal student loans affect my taxes?
- Listed: August 12, 2022 4:24 pm
- Expires: This ad has expired
Description
Do federal student loans affect my taxes?
In general, up to $2,500 in annual interest may be deductible on your tax return, subject to income limitations and other restrictions.
At the end of each year, your servicer will send you Form 1098-E by mail or through its website. This form details how much interest you have paid on your student loan during the year. You should consult the Internal Revenue Service (IRS) website or a tax adviser for details.
264 total views, 1 today
Listing ID: 21662f67ebb1b83b
- Listed by: Editor
- Member Since: July 24, 2018
Other items listed by Editor
- Government recording charges
- No credit check or “buy here, pay here” auto loan
- A mortgage lender gave me a higher interest rate than I should have gotten based on my creditworthiness. What can I do if I think the lender discriminated against me?
- What is Guaranteed Auto Protection (GAP) insurance?
- Fixed-rate financing