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New Member
posted Jun 5, 2019 3:31:55 PM

I had to take out a personal loan for school before my school loan kicked in, can i get a tax break for that? And if I do where would I file it?

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1 Best answer
Expert Alumni
Jun 5, 2019 3:31:57 PM

No, interest paid on a personal loan even if the loan was used for education expenses is not deductible.

1 Replies
Expert Alumni
Jun 5, 2019 3:31:57 PM

No, interest paid on a personal loan even if the loan was used for education expenses is not deductible.