Education Loan Interest Deduction. A deduction as high as $2,500 is permitted for interest paid of the taxpayer through the seasons on qualified student education loans.
Education Loan Interest Deduction. A deduction as high as $2,500 is permitted for interest paid of the taxpayer through the seasons on qualified student education loans. Allowable interest consists of voluntary money generated during an interval whenever interest payments are not but called for, interest or refinanced and consolidated financing, and capitalized interest.To help you find your student loan interest…read more →