If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.
People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?
If you do end up taking the home equity loan interest deduction, it would be claimed on IRS tax form Schedule A, Itemized Deductions. Bottom line on home equity loan tax deductions The interest on ...