Personal Finance Question
Can I use student loan interest payments as a tax write off?
Asked by TeachMeMore in
Personal Finance
3 months ago
Answers
872 points
CUWu answered 3 months ago …
Yes! You can deduct the interest payments (up to $2,500 per year if you make less than $55k per year, and a partial deduction if you make up to $70k per year). You can read more details at this article I found on Kiplinger:
http://www.kiplinger.com/columns/ask/archive/2008/q0107.htm
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