TwinTurbo.NET: Nissan 300ZX forum - it depends on how much $$ you make. If you make over 50k/yr
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Subject it depends on how much $$ you make. If you make over 50k/yr
     
Posted by Scotts94z32 on December 04, 2002 at 5:41 PM
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In Reply To student loan interest is tax-deductable (n/m) posted by Chip(GinnMotorsports) on December 04, 2002 at 02:41 PM
     
Message the amount you can deduct begins to "phase-out". if you make over 65k a year (and are filing single) you get to deduct a big fat ZERO. IT doesn't matter where you live, how much your rent is, what your expenses are, etc. Over 65k and ALL the interest is your to keep. I hate that damn Uncle Sam, as I'm up to my ears in student loan interest and can't deduct any of it...

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