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  2. How To Get the Student Loan Interest Deduction - AOL

    www.aol.com/student-loan-interest-deduction...

    The pandemic-era relief provided by the student loan payment moratorium ended in 2023, and by 2024, borrowers were back in the routine of paying their college debt — with interest. However, the ...

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

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

    You betcha: If you paid on student loans in the prior tax year, you might qualify for the student loan tax deduction, which allows borrowers to deduct up to $2,500 in interest they paid from their ...

  4. 20 Valuable Tax Breaks for Seniors - AOL

    www.aol.com/finance/20-valuable-tax-breaks...

    The so-called golden years can be financially challenging, but state and federal tax breaks can provide some silver linings. Find out what's available. 20 Valuable Tax Breaks for Seniors

  5. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

    www.aol.com/guide-tax-breaks-medical-expenses...

    Medicare can cover the bulk of your medical expenses after you turn 65, but it still leaves some potentially large gaps. ... A Fidelity study found that the average 65-year-old couple will pay ...

  6. Student Loan Forgiveness: 3 Ways the IRS Says Your ... - AOL

    www.aol.com/finance/student-loan-forgiveness-3...

    About 48 million borrowers have student loan debt. According to the Education Data Initiative, the average federal student loan debt is $37,574 per borrower as of April 2023. The average private ...

  7. Are personal loans taxable? How personal loans affect your ...

    www.aol.com/finance/personal-loans-affect-tax...

    Interest payments on student loans, mortgages and business loans can be reported as tax deductions. However, personal loan interest payments only qualify as tax-deductible under certain circumstances.