Tag: Student Loan Interest
What is the maximum student loan interest you can reclaim on taxes per year?
by admin on Aug.18, 2008, under Financial Aid
For instance, if i pay $5,000 vs $10,000 in student loan interest, do I get a bigger tax break or more money back if I pay $10,000 vs $5,000? Or is it capped at a certain amount once you pay a certain amount of money?
Can I claim my Canadian student loan interest on my US taxes?
by admin on Aug.03, 2008, under Financial Aid
I have Canadian (government) student loans (in Canadian dollars) which I am still paying back from my Canadian bank account whilst I live and work in the US. Can I claim my student loan interest on my US taxes?
Also do I claim the amount in Canadian dollars?
