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re: My tax bracket

Posted on 2/7/13 at 10:17 am to
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 2/7/13 at 10:17 am to
quote:

paying off college loans with the other half


Then this is deductible also. You do not need to itemize to deduct student loan interest. Student loan interest is an above the line deduction.

You should be in the 15% bracket, but you need to take out all pre-tax and above the line deductions to get your TI.
Posted by Jma313
Member since Aug 2010
5157 posts
Posted on 2/7/13 at 10:32 am to
Thanks!
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