Asked about “Taxes - AOL Money

Can I write off my student loans on my taxes?

Can I write off my student loans on my taxes? What do I have to do in order to accomplish this?

 


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First, talk to your accountant.

I can't imagine that you can write off a loan.  You have to remember, a loan is not income.  And there are only certain conditions where a loan can be deducted.

Many governments do allow for the interest payments on student loans to be deducted along with other options.

Some also have their work cover part of the tuition, which allows for a justification of work related deductions for one's own payment.

 


Posted 8 months ago ( permalink )
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Hello my name is Michael and yes there are ways if you qualify please check out my site our company has been in business for over 15 years we started out doing tax prep and bookkeeping and got into dicharging student loans on the side for many reasons the site is www.studentloanterminator.org please feel free to check it out and then call the office thanks Mike.


Posted 6 months ago ( permalink )
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