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#3
02-27-2006, 09:38 AM
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 Re: Income Tax - can I claim 2 years of student loan interests paid that I didn't include before? Tatiana Stefan wrote: - quote - > Hi, I just found out that I could have deducted my student
You may file a form 1040X which is downloadable from the> loan interests when I file my taxes. I never did because I > thought I was ineligible. Is it possible for me to claim all > those taxes I missed out? Or is too late? It would just be > two years that I did not include - for 2003 and 2004. website irs.gov You may amend for both years. Missy Doyle << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
02-27-2006, 09:37 AM
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| Re: Income Tax - can I claim 2 years of student loan interests paid that I didn't include before? Tatiana Stefan wrote: - quote - > Hi, I just found out that I could have deducted my student
Then amend your 2003 and 2004 tax returns. Use form 1040X> loan interests when I file my taxes. I never did because I > thought I was ineligible. Is it possible for me to claim all > those taxes I missed out? Or is too late? It would just be > two years that I did not include - for 2003 and 2004. and mail it in. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
02-27-2006, 09:17 AM
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| Re: Income Tax - can I claim 2 years of student loan interests stardest17[at]yahoo.com (Tatiana=A0Stefan) wrote: - quote - > Hi, I just found out that I could have deducted
Yes, you can. You need to file a 1040-X for each of those> my student loan interests when I file my taxes. > I never did because I thought I was ineligible. > Is it possible for me to claim all those taxes I > missed out? Or is too late? It would just be > two years that I did not include - for 2003 and > 2004. years, since they still fall within the 3 year amendment limit. Bill << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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02-27-2006, 08:57 AM
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| Re: Income Tax - can I claim 2 years of student loan interests paid Tatiana Stefan wrote: - quote - > Hi, I just found out that I could have deducted my student
You can still amend your 2003 and 2004 tax returns to obtain> loan interests when I file my taxes. I never did because I > thought I was ineligible. Is it possible for me to claim all > those taxes I missed out? Or is too late? It would just be > two years that I did not include - for 2003 and 2004. a refund. What you can't do is claim your 2003/2004 interest payments on your 2005 tax return. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
02-26-2006, 09:03 PM
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| Income Tax - can I claim 2 years of student loan interests paid that I didn't include before? Hi, I just found out that I could have deducted my student loan interests when I file my taxes. I never did because I thought I was ineligible. Is it possible for me to claim all those taxes I missed out? Or is too late? It would just be two years that I did not include - for 2003 and 2004. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| claim, include, income, interests, loan, paid, student, tax, years |
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