Taxes and Student Loans: Married Filing Jointly or Married Filing Seperately?
Married couples on IBR and PAYE need to carefully consider the pros and cons of filing taxes separately. It could mean a huge savings on your monthly student loan bill.
Latest Posts in Taxes
Sheltering Income for lower Student Loan Payments
It is possible for student loan borrowers to have income excluded from their income-driven repayment plan calculations.
Why rush to pay off my student loans if I can deduct the interest?
A student loan interest deduction is a nice perk at tax time, but it isn’t valuable enough to ignore student loan debt.
The Benefits of Using Tax Refunds to Pay Down Student Loans
Using a tax refund to knock out student debt isn’t sexy, but it has some major advantages.
Preparing for the IBR “Tax Bomb” and Student Loan Forgiveness
Many borrowers may be disappointed to learn that if their student loans are forgiven they could face a huge tax bill.
Using Tax Time To Review Your Student Loan Plan
Tax time is a great opportunity to do a quick checkup on your student loans. There are plenty of ways to save money on future payments.