Got student debt? You may be able to lower your tax bill
Woman figuring out her finances.
stefanamer
If there’s any silver lining to the interest accumulating on your student debt, it’s that it can knock down your tax bill.
The IRS allows certain borrowers to deduct up to $2,500 in student loan interest each year from their taxable income, and it can come from payments to federal or private student loans, said Mark Kantrowitz, the publisher of…
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