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Posts Tagged ‘how do properly report qualified student loan interest’

Is Interest Paid On Student Loans Tax Deductible?

Author : admin Published: December 26th, 2009
Is Interest Paid On Student Loans Tax Deductible?

I have about $120K in student loans right now that I am paying off. I paid about $7500 in interest in 2006 on those loans. My loan provider sends me a form stating this for tax purposes. Is it tax deductible?

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