The answer is provided by TurboTax. The answer is no, you cannot deduct the interest paid on student loans in 2008 on your 2009 tax return. For more information, please visit: http://turbotax.intuit.com
Unless you're under automatic tax refund interception by the IRS and the Dept of Education (due a defaulted student loan). Then your intercepted tax refund from year A is actually paid toward student loan interest for year B, since this transaction took place during early year B.
Unless you're under automatic tax refund interception by the IRS and the Dept of Education (due a defaulted student loan). Then your intercepted tax refund from year A is actually paid toward student loan interest for year B, since this transaction took place during early year B.
redcomusic 2 months ago