If you're one of the many Americans still paying off your student loans, there's a special tax deduction you should know ...

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.

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

If you made student loan payments last year, you may be able to deduct the interest. Both were paused for more than three years during the Covid-19 pandemic. But interest started accruing again in ...

With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.

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

Josh Shapiro has proposed a targeted tax strategy. Starting this year, Pennsylvania taxpayers can deduct up to $2,500 of student loan interest on state taxes. That model provides an incentive for ...

Deductions can make the difference in your tax refund amount. Here's what to know about tax rates for year 2024, how to track ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

Student Loan Interest Deduction: If you made a payment on your student loans in 2024, you may deduct the amount of interest you paid on them or $2,500 from your taxable income, whichever is less.

Making student loan payments every month is a grind familiar to many, but that diligence can pay off for you on your tax return. Thomas is a native of upstate New York and a graduate of the ...