You'll need to sign in or create an account to connect with an expert.
No, none of the loan payoff is deductible. The student loan is a personal loan and is not reported on or deductible on a federal tax return. Only the student loan interest paid can be reported on a tax return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
kimdurstpt
New Member
Rhoward2015
New Member
bjmanasco
New Member
Susanlph
Level 1
BEAVERSONFAMILY
New Member