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2. Are College Tuition and Education Expenses Tax-Deductible?

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   If you take out student loans to pay for college, you might qualify for the student loan interest deduction. This deduction allows you to reduce your taxable income by up to $2,500 per year.

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

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   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

4. 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 ...

5. Student Loans 2023: What Borrowers Need To Know About Filing ...

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   Student loan holders receive an important tax break in the form of the student loan interest deduction. Per the IRS, when you pay interest on a qualified student loan, either through voluntary or ...

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

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   The ability to deduct student loan interest isn’t automatic, however; you must meet certain qualifications. Tax Form 1098-E: How to Write Off Your Student Loan Interest Skip to main content

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

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   For tax year 2020 (filing in 2021), the student loan interest deduction was worth as much as $2,500 for a single filer, head of household or qualifying widow/widower with a MAGI of under $70,000.