Federal Financial Aid : Are Student Loan Payments Tax Deductible?

The tax deductibility of student loan payments depends on the amount of the student loan, the paid interest towards the loan and the amount of tuition and fees. Find out how student loans affect taxes with helpful information from a financial aid officer of a university in this free video on education.

Expert: Brooke Kramer

Contact: www.argosy.edu

Bio: Brooke Kramer is the financial aid officer at Argosy University in Salt Lake City, Utah.

Filmmaker: Michael Burton

View more

From: eHow

Related topics : interest student loans tax deductible / interest student loan deduction / federal student loan

Student Loan Interest

Visit http://www.freetaxusa.com/ today!

The interest you paid on your student loan is fully deductible, if your adjusted gross income is below a certain amount, and depending on whether you are single or married. Also, depending if you are single or married, and your adjusted gross income is between a certain higher amount, you will only get a partial deduction for student loan interest. However, there is a set maximum amount of interest that can be deducted.

View more

From: FreeTaxUSA

Related topics : interest student loan deduction / get student loans paid for

Student Loan Interest Paid Deduction

When can Student Loan Interest be claimed? What it the maximum limit? TaxPoint CEO Kevin Hopson provides answers to these questions and more to assist you in filing your 2014 Tax Return.

https://www.taxpoint.com/ TaxPoint assists users in preparing and filing their US Federal and state tax returns. Our goal is to simply provide a great user experience to those wishing to prepare and file their tax returns online. Everything we do, whether it be through our support, documentation, or product...

View more

From: TaxPoint

Related topics : interest student loan deduction

eTax.com How Much Is Student Loan Tax Deduction?

https://www.etax.com/

Paying for college is rough, especially if you’ve resorted to student loans to cover the cost of your education. It’s not all bad though, as you can deduct up to $2,500 in student loan interest at tax time. The deduction is phased out once you gross a specific annual income, though it may not matter as much if you have just graduated.

If you file your taxes using the single status, the deduction for student loan interest begins to phase out for taxpayer who make...

View more

From: eTax.com

Related topics : student interest loan deduction phase out / interest student loans tax deductible / education loan interest deduction / student college loan

Tax Tip 2016: Deduct Student-Loan Interest Paid by Your Parents

Write off the interest as long as you're not claimed as a dependent.

View more

From: kiplinger

Related topics : interest student loans tax deductible / interest student loan deduction

Student Loan Consolidation.

Student Loan Consolidation offers students the flexibility of one lower payment each month. Your student loans will be refinanced and combined into one new loan. Even if you can make the monthly payments from your original school loans, you may still want to consider consolidating to lower your payments and free up money for bills with higher interest rates. These include credit cards and personal loans, neither of which have tax-deductible interest.

View more

From: dirtbleech

Related topics : consolidation student loan / interest student loans tax deductible / interest student loan tax credit / student loan rates

How to Deduct Your Student Loan Interest This Tax Season

By simply refinancing with Earnest our student loan clients save on average $12,588.

But we’re always looking for ways to help them save more. Take a look at this video to see if you’re eligible for a student loan tax deduction up to $2500. And check out meetearnest.com to see what rate we have for you. It takes just two minutes and won’t affect your credit score.

Artist: Ellen Porteus

View more

From: Earnest

Related topics : interest student loans tax deductible / interest student loan tax credit

Rep. MacLachlan testimony on deduction from the personal income tax for student loan interest

View more

From: CTHouseRepublicans

Related topics : interest student loans tax deductible / interest student loan deduction

Morning Minute: Student Loan Interest Being Tax-Deductible

Watch the full program here http://www.wiseye.org/Video-Archive/Event-Detail/evhdid/10509

View more

From: WisconsinEye

Related topics : interest student loans tax deductible / interest student loan deduction

Tax Tips 2010 #13 of 20

Tax tips 2010, W2, interest income, dividend income, 1099's Enrolled Agent, Licensed tax professional, mortgage interest, student loan interest, property tax, auto excise tax, job search tax deductions, home office deductions, income taxes.

View more

From: Lori Carpenter

Related topics : interest student loans tax deductible / interest student loan deduction / loan mortgage interest