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Jon Andrews
Jon Andrews, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 3118
Experience:  I deal with all levels of tax planning and controversy - from the ordinary to the complex.
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We have a son in college on a student loan are we

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We have a son in college on a student loan are we required to file deduction on interst paid although we are not repaying the loan till 2011.Thanks

No, the deduction is for interest actually paid so if you are not paying it yet, there is no deduction available.

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