Comments on: Is student loan still tax deductable when refinancing a student loan with a personal loan? http://www.secretfinance.com/blog/is-student-loan-still-tax-deductable-when-refinancing-a-student-loan-with-a-personal-loan/ Thu, 17 May 2012 20:50:10 +0000 http://wordpress.org/?v=2.7 hourly 1 By: mechbasket http://www.secretfinance.com/blog/is-student-loan-still-tax-deductable-when-refinancing-a-student-loan-with-a-personal-loan/comment-page-1/#comment-549 mechbasket Mon, 19 Jan 2009 09:23:31 +0000 http://www.secretfinance.com/blog/is-student-loan-still-tax-deductable-when-refinancing-a-student-loan-with-a-personal-loan/#comment-549 It wasn't that very clear, but from what I understood your co-signing on the loan. She'll pay for the loan's premium and interest. and that's about it ... Remember: Who ever pays the student interest, that person will have the right to deduct those interest payments on their tax return (up 2,500). The only thing that I can figure that will absolutely confirm that you are paying a student loan is that if at the beginning of the tax season, you receive a 1098-E "Student Loan Interest Statement" from your Lender. It wasn’t that very clear, but from what I understood your co-signing on the loan. She’ll pay for the loan’s premium and interest. and that’s about it …

Remember: Who ever pays the student interest, that person will have the right to deduct those interest payments on their tax return (up 2,500).

The only thing that I can figure that will absolutely confirm that you are paying a student loan is that if at the beginning of the tax season, you receive a 1098-E “Student Loan Interest Statement” from your Lender.

]]> By: PepsiLime http://www.secretfinance.com/blog/is-student-loan-still-tax-deductable-when-refinancing-a-student-loan-with-a-personal-loan/comment-page-1/#comment-548 PepsiLime Sun, 18 Jan 2009 13:29:10 +0000 http://www.secretfinance.com/blog/is-student-loan-still-tax-deductable-when-refinancing-a-student-loan-with-a-personal-loan/#comment-548 Nope, sorry, but personal loan won't qualify, as you will have nothing in writing to say that it is student loan interest. Nope, sorry, but personal loan won’t qualify, as you will have nothing in writing to say that it is student loan interest.

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