Student Loan Consolidations
Student Loan Consolidation and taxes?
If I consolidate my Student Loans with a private bank can I still write of the interest as a tax deduction?
I am already graduated and scheduled to begin payment on the loan in April. I am currently trying to get it deferred for a few more months. If I consolidate these loans with a Private Loan can I still write of that interest on my taxes?
As long as it's still a qualifying student loan, yes. If you pay it off with a personal loan or home equity loan then no.
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