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

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

   Student loans eligible for tax deductions. ... You can take the student loan interest deduction even if you don’t itemize deductions. ... Federal student loan debt increased 267.1% between 2006 ...

3. Are personal loans taxable? How personal loans affect your ...

   www.aol.com/finance/personal-loans-affect-tax...

   Interest payments on student loans, mortgages and business loans can be reported as tax deductions. However, personal loan interest payments only qualify as tax-deductible under certain circumstances.

4. Pros and cons of private student loans - AOL

   www.aol.com/finance/pros-cons-private-student...

   Up to $2,500 in private student loan interest each year may be tax deductible on your return. Lenders will issue a form 1098-E indicating how much interest you’ve paid over the previous year.

5. Private student loan (United States) - Wikipedia

   en.wikipedia.org/wiki/Private_student_loan...

   A private student loan is a financing option for higher education in the United States that can supplement, but should not replace, federal loans, such as Stafford loans, Perkins loans and PLUS loans. Private loans, which are heavily advertised, do not have the forbearance and deferral options available with federal loans (which are never ...

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

   www.aol.com/finance/taxes-2023-credits...

   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 ...

7. Cancellation-of-debt income - Wikipedia

   en.wikipedia.org/wiki/Cancellation-of-debt_income

   There is no exemption from the filing requirement if canceled debt in excess of $600.00 is recognized. One exception to the requirement to file 1099-C is when a student loan has been discharged due to the death or permanent disability of the borrower under provisions of the Tax Cuts and Jobs Act of 2017. The IRS has issued a notice that lenders ...