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

    www.aol.com/student-loans-might-qualify-interest...

    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. 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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  4. 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 ...

  5. 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 ...

  6. 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

  7. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    A proposal to forgive loans Loan with a starting balance of $12,000 and after 10 years is blocked by a preliminary injunction. Under the proposal, one year of payments is required for every additional $1000 originally borrowed, up to a cap of 20 years for undergraduate and 25 years for graduate loans.

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

    www.aol.com/most-americans-think-taking-entitled...

    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:

  9. Taxes 2024: IRS Increases Tax Deductions $1,500 To ... - AOL

    www.aol.com/finance/taxes-2024-irs-increases-tax...

    Tax Deductions For the 2024 Tax Year. ... For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023.

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