Key Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to ...

When Can You Deduct Loan Interest From Your Taxable Income? The interest you pay on mortgages, student loans and business credit products is tax deductible, with certain limits.

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here’s when other “big ...

Student loan forbearance temporarily stops or lowers student loan payments. Because of its costs, only use forbearance if you have short-term issues and no other choice.

Trump’s sprawling new budget package creates a brand-new federal student loan repayment option called the Repayment ...

Here’s how to get student loan forgiveness in 2024 — and what you need to know before pursuing this path.

As of Jan. 16, 2025, 1.45 million student loan borrowers got forgiveness through the one-time IDR account adjustment. If you didn’t receive forgiveness this time around, apply for an IDR plan to ...

President Donald Trump signed a comprehensive budget reconciliation bill into law, loosening rules around health savings ...

Maryland Gov. Wes Moore often touts that 94% of taxpayers will get an income tax break or see no change. Who really is going ...