Airline Pilot Central Forums - Regional FOs Who Are Paying Off Student Loans

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)

- Regional (https://www.airlinepilotforums.com/regional/)

- - Regional FOs Who Are Paying Off Student Loans (https://www.airlinepilotforums.com/regional/46905-regional-fos-who-paying-off-student-loans.html)

NoHandHold

12-31-2009 01:34 PM

Regional FOs Who Are Paying Off Student Loans

What percent of the federal and state taxes that you paid the previous year do you normally get back when you file for taxes?

:confused::confused::confused:

BlueMoon

12-31-2009 01:36 PM

Quote:

Originally Posted by NoHandHold (Post 735788)

What percent of the federal and state taxes that you paid the previous year do you normally get back when you file for taxes?

:confused::confused::confused:

I think you can deduct up to 2500 bucks for interest paid toward student loans in addition to the standard deduction. I think I got 1100 back last year from federal and I made like 44-45ish

Phuz	12-31-2009 04:11 PM

Yup my student loan interest deduction maxed out at 2500.

IrishTiger

12-31-2009 09:17 PM

I have no idea. I have an accountant do my taxes for me since it's so complicated. And my parents are EXTREMELY kind to me and pay my student loans so I can afford to pay my own mortgage. I think they actually get a tax break from it because they pay it. I don't know.

All times are GMT -8. The time now is 01:26 PM.