A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.
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Hosted on MSNWhat to Know about Taxes and Student Loan Forgiveness in 2025Did you know that under normal circumstances, you pay income taxes on canceled or forgiven student loan debt? Even though you ...
Here's what college students need to know about filing taxes and how to make the most of some special tax benefits. The answer depends on their income and whether they had employers withhold taxes ...
Income-driven repayment plans are intended to make student loan payments affordable, but they don't take your real cost of living into account (just your income and family size). SAVE's adjusted ...
The president is reportedly drafting an executive order to eliminate the Department of Education. What that could mean for ...
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