Monday, April 06, 2009

Taxes: Student Loan Interest Deduction


I came across a  comment in one of the blogs I read about being able to deduct the interest of one’s student loans in tax.

I had too google this to make sure that it also applied to me (I live in Europe so the specificities are always a bit different). And it looks like that this is the case, that I can do this.

I’m not due to be begin paying back my student loans until Jan. 2011. So the specificities regarding how and how much I’ll take a more thorough look at then.

But now I know that this is a possibility. This is great learning new (financial) things around the blogosphere.


2 comments to "Taxes: Student Loan Interest Deduction"

Fabulously Broke said...
April 6, 2009 at 5:16 PM

Works in Canada too. Been doing that since I started paying my loans :)

DH said...
April 9, 2009 at 7:51 PM

Cool! I'll definitely be doing this too no doubt.

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