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.

If you're one of the many Americans still paying off your student loans, there's a special tax deduction you should know ...

Depending on your income and filing status, that's a tax break worth up to $2,500. The student loan interest deduction Is student loan interest tax deductible? Who qualifies for the student loan ...

With student loan interest payments resuming in late 2023, many borrowers are eligible to claim this deduction for their 2024 tax filings. The benefit, which has existed since 1997, can help ...

With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction warrants close attention, too.

The interest you pay on mortgages, student loans and business credit products is tax deductible, with certain limits. "The tax code permits you certain deductions to lower your income tax ...

Josh Shapiro has proposed a targeted tax strategy. Starting this year, Pennsylvania taxpayers can deduct up to $2,500 of student loan interest on state taxes. That model provides an incentive for ...

Everything you need to know about the current home loan interest deduction. Westend61 / Getty Images The Tax Cuts and Jobs Act (TCJA), signed into law on Dec. 22, 2017, made significant changes to ...

These include paying off student loans ... Bottom line on home equity loan tax deductions The interest on a home equity loan is tax-deductible, provided the funds were used to buy or build ...

You can use a personal loan for a variety of useful purposes, but borrowing money can be expensive. To cut down on costs, you may wonder: Is personal loan interest tax deductible?