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.

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

Making student loan payments every month is a grind familiar to many, but that diligence can pay off for you on your tax ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

Preparing and filing income taxes can be confusing. Should you do it yourself or get help? BBB helps you evaluate which tax preparer is right for you.

Personal loans can be useful when you need extra funds, since you can use them for a variety of purposes. With a personal loan, the lender gives you a lump sum that you'll pay back with interest ...

The standard deduction nearly doubled as a result of the Tax Cuts and Jobs Act, which went into effect in 2018. For taxes ...

For more tax help, find out how the IRS might be ripping you off ... Your student loan provider is required to send you a Form 1098-E, which will include the total amount of interest you paid ...

Most taxpayers receive refunds and money has already started being issued. There are ways to find out information about the ...

In most cases, personal loan interest is not tax deductible because you generally ... You will most likely receive IRS Form 1099-C from the lender, indicating when the debt was canceled and ...