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ixdelv
New Member

If I took out student loans for the 2018-19 school year do I have to file taxes on that?

 
1 Reply
xmasbaby0
Level 15

If I took out student loans for the 2018-19 school year do I have to file taxes on that?

A student loan is not income and does not get entered as income on your tax return, since you have to pay it back someday.  Eventually when you are paying it back, you will be able to deduct the interest you pay.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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