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2. Are College Tuition and Education Expenses Tax-Deductible?

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   If you take out student loans to pay for college, you might qualify for the student loan interest deduction. This deduction allows you to reduce your taxable income by up to $2,500 per year.

3. Taxes 2023: Credits, deductions and tax breaks for student ...

   www.aol.com/finance/taxes-2023-credits...

   Student Loan Interest Deduction. Do you pay interest on a student loan? Then you might be able to deduct up to $2,500 worth of the interest you paid for either a federal or private student loan ...

4. Student Loans: You Might Qualify for an Interest Deduction ...

   www.aol.com/student-loans-might-qualify-interest...

   Normally, student loan borrowers can deduct the interest they paid on their loans from their income tax returns, but things haven't been normal for a few years. Federal student loan payment pauses...

5. 12 Tax Deductions and Credits That Help You Pay for College

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   There are also tax breaks that help with student loan debt once your days in the classroom are over. ... Here's a breakdown of 12 tax deductions, credits, and exemptions that can help you pay for ...

6. How Can I Reduce My Taxes? Your Tax Questions, Answered - AOL

   www.aol.com/reduce-taxes-tax-questions-answered...

   To be eligible to deduct student loan interest, individuals must meet the following requirements: ... Example: If you made $6,000 in student loan payments, of which $1,000 went to interest and ...

7. Employer student loan contributions - Wikipedia

   en.wikipedia.org/wiki/Employer_Student_Loan...

   Companies may work with a vendor to administer these payments. [3] Employer student loan contributions used to be taxable as regular income in the U.S. [3] According to the Coronavirus Aid, Relief, and Economic Security Act, payments of student loan principal and interest by an employer to either an employee or a lender is not taxable to the ...