Thursday, November 19, 2009

Student Loans and Taxes!?

Okay, the IRS stuff is confusing me. I didn't attend school last year but am paying on student loans from when I was in school. In order to take the student interest deduction, do I have to have been in school last year? In other words, can you only get the student interest deduction if you were in school?

Student Loans and Taxes!?
1. It is the "Student loan interest deduction" not the student interest deduction. This is important, because it applies only to interest on "student loans", not other loans from when you are a student (or interest on other loans even if you are still a student).


2. You do not have to be a student when you take the deduction.
Reply:If you paid interest on eligible student loans, no matter how long ago it was that you were actually in school, you can take the student loan interest deduction.
Reply:Ey sup vmagal2





Im not exactly sure what you looking for...





But I found this site below and from the looks of it I think it would be a lot of help...





anyways, gud luck vmagal2


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