Student Loan Interest Deduction: How Much Can You Really Claim? 

Student Loan Interest Deduction: How Much Can You Really Claim? 

Key Takeaways   The student loan interest deduction allows borrowers to deduct up to $2,500 per tax return, but actual savings depend on income, filing status, and eligibility.  Eligibility requires that...

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Should You Pay Off Credit Card Debt or Back Taxes First? 

Should You Pay Off Credit Card Debt or Back Taxes First? 

Key Takeaways  In most cases, it is better to pay off back taxes or stabilize them first because the IRS has far greater collection powers than credit card companies, including liens, levies,...

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How to Handle Taxes During a Legal Name Change 

How to Handle Taxes During a Legal Name Change 

Key Takeaways  A legal name change does not affect how much tax you owe, but it can affect whether the IRS accepts or delays your return due to identity mismatches. ...

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