My brother is able to deduct the interest he pays on his farm equipment, and I’m able to deduct the interest I pay on a student loan… so I was wondering if anyone knows if it’s possible (or legal) to deduct the interest paid on an car loan come tax time?
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Can You Deduct Interest Paid On An Car Loan From Your Taxes?
February 20th, 2010Can Money From A 401k Loan For A First Time Home Go Towards A Down Payment And Closing Costs?
February 18th, 2010I know I can use a loan from my 401k towards the down payment. If I have some money left over from the 401k after that, can I use the rest for the closing costs?
How And From Where Should I Consolidate My Student Loan?
February 3rd, 2010I have student loan subsidized and unsubsidized total of about 20000 with 4.25% interest rate and citiassist (private loan) of 6000 with the same interest rate all from citibank. Can i consolidate my loan with lower and fixed interest rate? Citi doesnt consolidate any more.
How Is The Interest Paid On Educational Loan Calculated From The Repayment?
January 25th, 2010I repaid rs 34000/- towards my educational loan so far this year. How can I calculate the interest paid towards the loan as that is the amount which can be used for tax rebate? when I asked the bank for tax certificate, they simply add up the interest charged to the account in the year which I think is wrong as the rebate is for the interest paid and not the interest charged.Please help.
What’s The Difference Between Withdrawing Your 401k And Taking A Loan From Your 401k?
January 21st, 2010Is it possible to take a loan from your 401k with out having to pay taxes on it till 2010 taxes.
