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Old 03-26-2008, 01:19 AM
D. Stussy
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Default Re: Student Loan Interest Deduction Limit - rollover to next year?

"Mcahi Goughs" <mcgoughg[at]comcast.net> wrote in message
news:IOWdnZC_jKP_4HTanZ2dnUVZ_s2tnZ2d[at]comcast.com...
- quote -

> My student loan interest deduction is limited this year. Can I rollover
> the nondeductible amount to next year?


No. No rollover provision. Capped at $2,500.00/yr.

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 
Old 03-26-2008, 01:12 AM
Paul Thomas
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Default Re: Student Loan Interest Deduction Limit - rollover to next year?


"Mcahi Goughs" <mcgoughg[at]comcast.net> wrote
- quote -

> My student loan interest deduction is limited this year. Can I rollover
> the nondeductible amount to next year?





No.





--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 03-25-2008, 09:55 PM
Mcahi Goughs
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Default Student Loan Interest Deduction Limit - rollover to next year?

My student loan interest deduction is limited this year. Can I rollover
the nondeductible amount to next year?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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deduction, interest, limit, loan, rollover, student, year
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