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Tag: student loan interest deduction

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What is a 1098-T Form?

What is a 1098-T Form?

Unfortunately, education isn’t free for some students. If you’re a college student, parent, guardian or anyone paying out-of-pocket for tuition, fees, and required course materials needed for enrollment, you will receive a Form 1098-T. This tuition statement form reports all of your transactions, which means the payments you make to your school. What does a 1098-T […]

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Student Loan Interest Deduction Income Limit

Student Loan Interest Deduction Income Limit

Strapped for cash as a recent grad? See if you qualify for a student loan interest deduction. College is over and you’ve been blasted with a taste of reality…or should I say adulthood? It’s tough but you’ll get through it. Even the IRS is on your side with certain deductions available to those of us who […]

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