Screwed yet again on student loans.
I finally got them out of default last year and was paying them onetime for most of the year. You would think I would qualify for the interest paid on student loan deduction right? Nope, Turbo Tax told me I made too much money to qualify for the federal deduction for interest paid on student loans but might still qualify for a state deduction.
Because I don't own a home, there is pretty much no deductions I can make. Getting shit back.
Got a nice tease though. Because I changed business units at work this year, I got 2 sperate W2's. Enter the first one for the first 9 months of the year and it said I was getting a little over $2700 back in federal income tax. Entered the second and it dropped me down to $430
I finally got them out of default last year and was paying them onetime for most of the year. You would think I would qualify for the interest paid on student loan deduction right? Nope, Turbo Tax told me I made too much money to qualify for the federal deduction for interest paid on student loans but might still qualify for a state deduction.
Because I don't own a home, there is pretty much no deductions I can make. Getting shit back.
Got a nice tease though. Because I changed business units at work this year, I got 2 sperate W2's. Enter the first one for the first 9 months of the year and it said I was getting a little over $2700 back in federal income tax. Entered the second and it dropped me down to $430