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Makaylamt
New Member

I paid $800 to a co. that combined my student loans into 1 and got me a lower student payment. While paying 65 a month to a perkins loan. Do I get credit for the 800?

 
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MinhT
Expert Alumni

I paid $800 to a co. that combined my student loans into 1 and got me a lower student payment. While paying 65 a month to a perkins loan. Do I get credit for the 800?

No, this expense is not deductible. Only the student loan interest is deductible.

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MinhT
Expert Alumni

I paid $800 to a co. that combined my student loans into 1 and got me a lower student payment. While paying 65 a month to a perkins loan. Do I get credit for the 800?

No, this expense is not deductible. Only the student loan interest is deductible.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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