Do you claim student loans when you file taxes?

Answer do not have to claim loans as income because you have to pay them back.FYI - Anything that you have to claim on your taxes has to send you a W-2 or some other kind of form listing the amo... Read More »

Top Q&A For: Do you claim student loans when you file taxes

Can i claim interest paid on student loans if i do not owe taxes?

You can claim the interest you paid on a student loan regardless of whether you owe taxes. The deduction lowers the amount of your income which is subject to taxation. Therefore, the overall bene... Read More »

How do I tackle my student loans Is is true if I claim bankruptcy I still have to pay They are overwhelmin?

Unfortunately, student loans are not dischargeable in a bankruptcy. Have you tried consolidated your student loans? It can both lower the interest rate (along with making it a fixed interest rate i... Read More »

I have seen various “Obama” grants that claim to help students pay off their credit debt and/or student loans.?

I know he is implementing a new "income based" loan repayment option. With it, you pay a monthly payment based on your salary, to avoid your monthly paying being half your pay or something. Then ... Read More »

Can I file to discharge my student loans now?

You can't discharge student loans through bankruptcy. However, if you are totally and permanently disabled and can not work, you can usually have them discharged that way. Contact your lender(s) ... Read More »