Last year my student loans were sold from the Department of Education to Nelnet. The interest paid at the time shows over $44,000 due to it switching. Can i claim it?
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Last year my student loans were sold from the Department of Education to Nelnet. The interest paid at the time shows over $44,000 due to it switching. Can i claim it?
Last year my student loans were sold from the Department of Education to Nelnet. The interest paid at the time shows over $44,000 due to it switching. Can i claim it?
Yes and no. That counts as interest paid by you, so it is deductible. But, You may only deduct the lesser of $2,500 or the amount of interest you actually paid during the year.
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