should I claim my student loan on my taxes if my accrued interest is only 50 dollars?
2007-01-23 05:43:38 · 3 answers · asked by Mrs.♥ Krasinski 4 in Business & Finance ➔ Taxes ➔ United States
You mean you've paid $50? Yes! It might drop you a tax bracket, save you a few bucks, and might even throw you into a bracket where you are eligible for more credits on other things! Absolutely!
2007-01-23 06:34:58 · answer #1 · answered by Honesty given here! 4 · 1⤊ 0⤋
The only tax deduction regarding Student Loans is Student Loan Intrest that you have paid in the 2006 tax year.
Good Luck & Blessings
2007-01-23 14:16:38 · answer #2 · answered by Wood Smoke ~ Free2Bme! 6 · 0⤊ 0⤋
I've had my share of problems with my student loan. What I did was go to this site and fill out the form. They helped me lower my monthly payment, and now it's not the burden that it used to be.
2007-01-23 14:11:08 · answer #3 · answered by TINY b 2 · 0⤊ 1⤋