I received a 1098 from Sallie Mae for my student loan interest deduction. It did not include the interest paid on my private student loans. The Sallie Mae website provided information that all of my student loans may not be eligible for the interest deduction. My interest was over $4,000.00. During a divorce, while in college, I took student loans for living expenses, transportation, books, supplies and tuition. How do I determine the total deduction allowed? Please help me.
I'm still waiting for the IRD to pay back the $11.03 they got me to overpay way back when...
Not too worried, its nice to have the IRD as a gubbermint innerstitution that owes me money for once
Though the glitch they had a while back was funny when they were demanding that I pay back $232 for a loan paid off a long, long, long time ago![]()
Now its back to business as normal and they still owe me the $11.03 (should charge them interest!)
"I like to ride anyplace, anywhere, any time, any way!"![]()
Hey pretty sure you cant claim living costs if you arent a full time student anyway.
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