Thread: Life Income Taxes
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Old 01-15-2009, 02:20 PM   #5
The Franchise The Franchise is offline
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Quote:
Originally Posted by Lono View Post
Do student loans help or hurt you? I mean i know when you pay them back they probably help, but when you take them out are you supposed to state that anywhere?
You get a tax credit for the interest that you've paid on them throughout the year.

Plus I get a $2000 school tax credit because I"m in school.
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