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  2. Student Loans: You Might Qualify for an Interest Deduction ...

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    Normally, student loan borrowers can deduct the interest they paid on their loans from their income tax returns, but things haven't been normal for a few years. Federal student loan payment pauses...

  3. How Can I Reduce My Taxes? Your Tax Questions, Answered - AOL

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    You betcha: If you paid on student loans in the prior tax year, you might qualify for the student loan tax deduction, which allows borrowers to deduct up to $2,500 in interest they paid from their ...

  4. 4 Ways To Find Tax Deductions That Work For You in 2024 - AOL

    www.aol.com/finance/4-ways-tax-deductions-2024...

    Medical expenses: You can claim a deduction for medical and dental expenses greater than 7.5% of your adjusted gross income if you itemize your deductions. Student loan interest: If you made ...

  5. Taxes 2023: Credits, deductions and tax breaks for student ...

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    Then you might be able to deduct up to $2,500 worth of the interest you paid for either a federal or private student loan — or both. You can claim the deduction on your federal income tax return ...

  6. The Best Tax Deductions and Tax Breaks for 2023-2024 - AOL

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    The standard deduction is a dollar-for-dollar reduction of your taxable income. Nearly all taxpayers are entitled to this deduction. The standard deduction amounts for tax year 2023 are as follows:

  7. Tax Form 1098-E: How to Write Off Your Student Loan Interest

    www.aol.com/finance/tax-form-1098-e-write...

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  8. How much should you have in your 401(k)? Here's how your ...

    www.aol.com/finance/average-401k-balance-by-age...

    For tax year 2024, you can save as much as $23,000 in your 401(k), with that amount increasing to $23,500 for tax year 2025. ... student loans for adult children, healthcare needs and more will ...

  9. Paid your student loans in 2023? You could qualify for this ...

    www.aol.com/paid-student-loans-2023-could...

    Millions of federal student loan borrowers just made payments for the first time in years — or ever. What does that mean for 2023 taxes? Student loans eligible for tax deductions

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