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Education Tax Incentives

Deduction for Student Loan Interest

Qualified education loans can be used for expenses including tuition, fees, and room and board, but must be reduced by any tax-free educational benefit.


IMPORTANT NOTE: If you can be claimed as a dependent on another person's tax return, you may not claim the interest deduction for that year.

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Member FINRA / SIPC. Osaic and Friend Bank are not affiliated. Products and services made available through Osaic are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.


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