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Is is still possible to get credit for interest paid on a
Is is still possible to get credit for interest paid on a parent student loan on Federal Income Tx form 1040sr … read more
emc011075
emc011075
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I have 3 mortgages. (primary and two rentals). I am
Hello, I have 3 mortgages. (primary and two rentals). I am considering refninaincing the primary with cash out so that i may pay off the the two rentals and consolidate into one loan with a better lon… read more
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Lev
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My dependent son has a student loan in his name with a
My dependent son has a student loan in his name with a cosigner other than me. Can I claim the interest rate in my tax filing?… read more
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I have student loan interest on a parent PLUS loan that was
I have student loan interest on a parent PLUS loan that was taken to help my children. The loan is in my name, the 1098-E has my name as BORROWERs name. Can I deduct this? and if so, where do I do it … read more
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Can a parent deduct Form 1098-E Student loan interest paid
Hi. Can a parent deduct Form 1098-E Student loan interest paid on their tax return instead of the students return. Student qualifies as the parents dependent. … read more
Fred Rook
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Who could claim student loan interest, the mom or the son?
who could claim student loan interest, the mom or the son? the type of student loan is Direct Parent Plus loan on behalf of a son/daughter. US Dept of Education issue Form 1098-E, the social security … read more
Lev
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Form 1098-E is under a students name & ssn. However, her parents
Form 1098-E is under a student's name & ssn. However, her parents pay the loan & claim the student on their tax return. Are the parents able to deduct the student loan interest paid?… read more
Lev
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I am paying a student loan that I took out for my daughter.
I am paying a student loan that I took out for my daughter. I am divorced and am not the custodial parent. Am I able to deduct the interest on this note?… read more
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If a person loan a specific amount to someone to purchase a
If a person loan a specific amount to someone to purchase a house and the loan is to be paid back plus interest over 15 years does the person loaning the sum show it on there taxes and does the person… read more
Stephanie B.
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My son has graduated form college and has a student loan.
My son has graduated form college and has a student loan. He is working on his own now and I am no longer claiming him as a dependent but I am still paying his student loan obligations. He received a … read more
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I have two daughters both going into their senior year in college.
I have two daughters both going into their senior year in college. I have cosigned for Plus loans and other loans for both for undergraduate school. Both intend to go to graduate school next year. I u… read more
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Received ltr from IRS regarding 2009 tax increase tied to 1.,
Received ltr from IRS regarding 2009 tax increase tied to 1., an unsubstantiated student loan interest deduction (missing Form 1098-E) and 2., reduction in deduction that was decreased because of modi… read more
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My daughter was 23 last year and a full time student. She
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Wallstreet Esq.
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Hi, I used a student loan from citibank for my master degree.
Hi, I used a student loan from citibank for my master degree. During attending graduate school I applied a little more than I need for tuition in order to accommodate my living expenses also. Right no… read more
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AS A PARENT AND COSIGNOR OF SEVERAL COLLEGE STUDENT LOANS,
AS A PARENT AND COSIGNOR OF SEVERAL COLLEGE STUDENT LOANS, CAN I DEDUCT THE INTEREST? THE 1098E'S ARE IN MY CHILDRENS NAME, HOWEVER, REPAYMENT IS BEING MADE BY MYSELF AS COSIGNOR.… read more
Lev
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the tax question i have is a bit involved but ill try to explain
the tax question i have is a bit involved but i'll try to explain it the best i can. i had several private education loans that i had serviced by one company who use to send me a 1098-E every year i h… read more
MequonCPA
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Can I offest capital gains paying my daughters student loans
Can I reduce my capital gains by paying my daughters student loans? My 25 year old daughter graduated with a Masters degree and has $40K+ student loan debt. We sold property resulting in about $35K ca… read more
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My 20 year old son lives with us. He is a full time ...
My 20 year old son lives with us. He is a full time student and received a form 1098-T from his school. This for has his SSN on it and an amount that was paid in block 1. Is this amount fully deductib… read more
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