Can I deduct student loan repayments, not just the interest

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Can I deduct student loan repayments, not just the interest

Student loans are personal loans. Personal loan payments are not deductible on a tax return. Only the student loan interest paid in 2016 can be deducted on a federal tax return as an Adjustment to Income.

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Can I deduct student loan repayments, not just the interest

Student loans are personal loans. Personal loan payments are not deductible on a tax return. Only the student loan interest paid in 2016 can be deducted on a federal tax return as an Adjustment to Income.

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