Sep
12
sigcyril asked:
I have about $ 120K in student loans now that I'm paying off. The approximately $ 7500 in 2006 in the interest paid on those loans. My loan provider sends me a form which states that for tax purposes. Is tax deductible?
JEREMY
I have about $ 120K in student loans now that I'm paying off. The approximately $ 7500 in 2006 in the interest paid on those loans. My loan provider sends me a form which states that for tax purposes. Is tax deductible?
JEREMY
Jul
20
What’s the deal with student loans? How do they work come tax time? Do they count as income?
Filed Under United States | 3 Comments
MsBhavn asked:
I have about 20,000 in loans stufent and I 'm still in school, just curious as archives that with my taxes.
BOYD
I have about 20,000 in loans stufent and I 'm still in school, just curious as archives that with my taxes.
BOYD
May
3
Question about Tax Returns. Can I use my Student Loans for a Tax Credit. How does that work?
Filed Under United States | 2 Comments
Agent 47 asked:
In my client says the student loan that I can use a form to report 1098E interest tax. Does that mean that I can use my loan repayments as a charge or tax deductible? By the way, my loans are currently on Forbearance.
DAVIS
In my client says the student loan that I can use a form to report 1098E interest tax. Does that mean that I can use my loan repayments as a charge or tax deductible? By the way, my loans are currently on Forbearance.
DAVIS
Apr
12
About graduate student loans, is it possible to deduct paid interest from taxes paid later when at work?
Filed Under United States | 4 Comments
Nolita asked:
If both spouses request the loans, makes the difference to make a deduction if either or both is working after you graduate?
NEAL
If both spouses request the loans, makes the difference to make a deduction if either or both is working after you graduate?
NEAL
Mar
30
Can student loan interest be used as a tax deduction if the loans are in deferment/forbearance?
Filed Under United States | 3 Comments
AG asked:
So that the interest of the student loan can be inferred. My loans are all in the student deferment or forbearance. I 'interest to increase in m. some of them, but I haven 't really paid any interest yet. Can I deduct the interest you? increased? Thank you!
HORACE
So that the interest of the student loan can be inferred. My loans are all in the student deferment or forbearance. I 'interest to increase in m. some of them, but I haven 't really paid any interest yet. Can I deduct the interest you? increased? Thank you!
HORACE
Nov
5
What happens if I paid off my entire student loan but they still applied my tax rebate to it?
Filed Under United States | 2 Comments
little buddy asked:
I paid off my entire loan of Annex stabilized earlier this month. I even received a letter fully paid. But today I just received a letter from the IRS that my $ 600 have applied to that loan from counterweight! Apparently there wasn 't enough time between when I paid off the loan and then from getting my rebate. I just tried to call the Department of Education of Missouri, that my loan is through, but are closed for the day. Anyone know if I can get my $ 600 back? : (
MICHAEL
I paid off my entire loan of Annex stabilized earlier this month. I even received a letter fully paid. But today I just received a letter from the IRS that my $ 600 have applied to that loan from counterweight! Apparently there wasn 't enough time between when I paid off the loan and then from getting my rebate. I just tried to call the Department of Education of Missouri, that my loan is through, but are closed for the day. Anyone know if I can get my $ 600 back? : (
MICHAEL
Oct
4
If I consolidate my student loan with a personal loan can I still write off the interest?
Filed Under United States | 1 Comment
Emily asked:
I had a federal loan of Annex I consolidated about 8 years ago someone finally sold the loan to Citibank. Pago in about 8.35%. I'm studying the possibility to pay off that loan of the covenant with a personal loan where can I get a better interest rate. If I do this but I can amortize the interest I pay on my taxes?
CHUCK
I had a federal loan of Annex I consolidated about 8 years ago someone finally sold the loan to Citibank. Pago in about 8.35%. I'm studying the possibility to pay off that loan of the covenant with a personal loan where can I get a better interest rate. If I do this but I can amortize the interest I pay on my taxes?
CHUCK
Sep
10
Is a loan from a relative to purchase property tax deductable?
Filed Under United States | 2 Comments
Michael S asked:
I'm about to ask a relative for a loan to buy a package of land for a future home. I'm going to pay back the loan more interest just as if it had come from a financial institution. It is the interest deductible from taxes? That office workers should develop? What forms are required? Should pay income tax on gains?
BILLY
I'm about to ask a relative for a loan to buy a package of land for a future home. I'm going to pay back the loan more interest just as if it had come from a financial institution. It is the interest deductible from taxes? That office workers should develop? What forms are required? Should pay income tax on gains?
BILLY
Aug
28
Is a loss from a personal loan the same tax category as a loss from stock investments?
Filed Under United States | 1 Comment
Jan R asked:
I have a friend to some money several years ago to help take up and trade has failed and I have not been reimbursed for the loan. I also, the same year, has had losses from other investments (stock market). My understanding is that I can deduct only $ 3000 in investment losses for that year. It is the personal loan in the same category of other investments - that counts as a limit of $ 3000? Or is there a way I can require only that loss? Thank you!
ELMO
I have a friend to some money several years ago to help take up and trade has failed and I have not been reimbursed for the loan. I also, the same year, has had losses from other investments (stock market). My understanding is that I can deduct only $ 3000 in investment losses for that year. It is the personal loan in the same category of other investments - that counts as a limit of $ 3000? Or is there a way I can require only that loss? Thank you!
ELMO
Aug
13
Is student loan still tax deductable when refinancing a student loan with a personal loan?
Filed Under United States | 2 Comments
Andrew M asked:
My daughter has two very senior loans of the Covenant of interest. Its accreditation won 't he left to do something, but I can "refinance" it with me that I get the loan using my accreditation. But it is still a "student" loans that can deduct. Is making payments and his name will be on loan (ironically, co-sign for me). This seems to be some gray area once the loan gets moved around. Please just make sure the "chain of custody" still makes the new tax loan interest deductable. Meaning and hope these facts thanks for your help.
ROCKY
My daughter has two very senior loans of the Covenant of interest. Its accreditation won 't he left to do something, but I can "refinance" it with me that I get the loan using my accreditation. But it is still a "student" loans that can deduct. Is making payments and his name will be on loan (ironically, co-sign for me). This seems to be some gray area once the loan gets moved around. Please just make sure the "chain of custody" still makes the new tax loan interest deductable. Meaning and hope these facts thanks for your help.
ROCKY









