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Are payments towards student loans considered "qualified education expenses" for state taxes?
I pay on my student loans monthly. Are these payments considered "qualified education expenses?" I live in Georgia. Thanks.
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Are payments towards student loans considered "qualified education expenses" for state taxes?
No, student loan payments are not qualified education expenses. The interest on those loans is deductible though. The interest you paid should have been reported to you on a Form 1098-T, by your lender.
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Are payments towards student loans considered "qualified education expenses" for state taxes?
No, student loan payments are not qualified education expenses. The interest on those loans is deductible though. The interest you paid should have been reported to you on a Form 1098-T, by your lender.
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Are payments towards student loans considered "qualified education expenses" for state taxes?
Thank you!
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Are payments towards student loans considered "qualified education expenses" for state taxes?
You're welcome. Thanks for using TurboTax!