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To file for an extension, you have to submit Form 4868 either electronically or as a paper form. You have to estimate your 2020 tax liability and pay the amount due. You have to estimate your 2020 ...
If you paid more than $600 in student loan interest during any year, you’ll receive a Form 1098-E documenting the amount you paid. If you qualify for the deduction, you can claim it even if you ...
Although borrowers were granted a stay of student loan payment since the start of the pandemic in March of 2020, many vulnerable borrowers will struggle to pay their bills when payments resume on...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
In March 2021, ECMC worked with the Virginia College Access Network to launch a program to provide free assistance with the Free Application for Federal Student Aid (FAFSA) for students in Virginia. [36] I > In March 2021, ECMC Foundation launched the Transformational Partnerships Fund, a fund said to be focused on education partnerships. [37]
Depending on where they live, student borrowers may soon face an unexpected tax burden. In August, the Biden Administration made news by announcing that it would forgive up to $10,000 in student ...
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