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lizzyg87
New Member

Question: If a have a garnishment on my bank account for student loans, can that be considered a tax deduction?

 
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DexterS
New Member

Question: If a have a garnishment on my bank account for student loans, can that be considered a tax deduction?

Sorry, no.  Paying back student loans, whether by direct payment, or garnishment is not something you can deduct.

If you are paying interest on student loans, that is deductible.

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DexterS
New Member

Question: If a have a garnishment on my bank account for student loans, can that be considered a tax deduction?

Sorry, no.  Paying back student loans, whether by direct payment, or garnishment is not something you can deduct.

If you are paying interest on student loans, that is deductible.

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