Explain the tax benefit available to taxpayers who make student loan payments. Include any relevant thresholds or
Question:
Explain the tax benefit available to taxpayers who make student loan payments. Include any relevant thresholds or limitations to this benefit in your discussion.
According to Dr Brown, how and why does the benefit related to student loan payments result in disparate outcomes for taxpayers of different races?
How does the benefit for student loan interest differ from the mortgage interest deduction? Hint Think about the available amounts of benefits and the limitations on those benefits.
What is your initial response to Chapter : Tax Planning Strategies and Related Limitations?
Was there any part that you found particularly interesting or important?
Was there any part that you did not agree with or did not understand?
What questions do you have?
Should student loan interest be a consideration in the IRC? Why or why not?
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill