The interest expense on qualified education loans is deductible if the taxpayer meets the income limitations

The interest expense on qualified education loans is deductible if the taxpayer meets the income limitations Joint return. Yet another dependency test requires that the student not be married filing a joint return with his or her spouse unless solely to claim a refund (Sec. 152(c)(1)(E)). The loans must be used to pay educational expenses… Continue reading The interest expense on qualified education loans is deductible if the taxpayer meets the income limitations

What You Should Know Before Getting Your First Credit Card

What You Should Know Before Getting Your First Credit Card Share This: share via email Obtaining your first credit card is an exciting moment. Once you have the card, you can enjoy the convenience of charging purchases while building a responsible credit history and working toward a higher credit score. However, there are a number… Continue reading What You Should Know Before Getting Your First Credit Card