Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

Though the timing is uncertain on when any of these proposals could surface, it could be as early as this spring.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...

While it's common for people to carry debt, if you aren't keeping up payments on it, you can be subject to wage garnishment, ...

Tax season is just around the corner and many people are already planning how to spend their refund. Much of this planned spending will be for current expenses and overdue bills. According to ...

you’ll need to itemize all your deductions at tax time. One of the big advantages of home equity loans over other types of financing is that their interest can be tax-deductible. But only under ...

Making student loan payments every month is a grind familiar to many, but that diligence can pay off for you on your tax ...

Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through each step of the filing process with straightforward questions and access to explainers, videos and bonus tips.