Okay. Now, if you paid any interest at all on a student loan, no matter how long ago you were a student you can deduct that?
Is that right? And I did pay interest but I don't seem to have a 1098 form thingy.
(I may have just ignored it in the mail.)
TAR: Whoa! Major twist ending!!
Holy crap, Veronica Mars was great tonight...and AH guest-starringnext week! Woot!
Gud, he spoke at my high school graduation way back when he was still the mayor.
Cool, but now I feel old. I can remember him as mayor when I was out of college.
You might be able to get your 1098 form on-line from whoever handles your student loan.
I did my federal form the traditional way (well mostly traditional, I used the Adobe fill out forms), but I did it all electronic for Kansas since Kansas has a great online filing system.
Since I'm still at work, sumi, I was able to access the info on student loan interest deductions in our Federal Tax Reporter.
Deduction of student loan interest: Individuals can deduct interest paid during the tax year on any qualified education loan. The deduction for interest on qualified education loans is an “above the line” deduction and, therefore, is available whether or not the taxpayer itemizes his or her deductions on Schedule A of Form 1040. However, no deduction is allowed for interest on qualified educational loans if the amount is allowable as a deduction under another section of the Code. The maximum deductible amount of interest is $2,500.
Interest payments on qualified education loans are deductible for the entire life of the loan. For interest payments made on student loans on or before December 31, 2001, interest was only deductible for the first 60 months of payments.
But I have no clue what form you're supposed to use. You should contact the lending bank and find out if they sent you something so you could submit it when you file.
Holy crap, Veronica Mars was great tonight
Dude, I know! It
moved,
and the advancing of the arc and the MotW were both kick-ass. I have to say again how much I adore
Veronica's and Wallace's friendship. I love how they're allowing the rough patches to show in their relationship, without letting it diminish their rapport. And Duncan! Confronting Veronica! GodDAMN that was intense. And... and.... Logan and Veronica Kissage! I have to admit, I kind of rocked in the corner and squeed a little bit. Although I think this is advancing a bit too fast, which probably will turn out to mean Logan was the rapist or something. OH NOES.
Love, Love, LOVE THIS SHOW. Thank God for the second season.
Vonnie yes yes yes! All of what you said. It was the movement forward that really got me.
What happened at the end of TAR? Tell me! Tell me! (in whitefont)
Wow, I was just about to post how MUCH happened on VM tonight, without seeming too forced, and, well, timing is everything.
Don't need to now. I'm thinking the killer
can't be Duncan at this point - to frelling obvious.