Recent Grad? Claim Your Deduction

Beverly Goodman

Beverly Goodman

04/02/03 - 01:23 PM EST

New this year: You can deduct the interest on a student loan no matter when you graduated; the 60-month deduction limit was repealed.

The maximum deduction is still $2,500, and there are income limitations on claiming the tax break. See this story for more detail.

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