Tax-deductibility questions

Parents Forum
1

<p>Is interest paid on PLUS loans tax-deductible? What about interest on Stafford loans, for my child? What about any college expenses I pay (cash) for my child’s education – tuition, housing, books, supplies, misc. expenses?</p>

2

<p>easier to just send you here
<a href=“http://www.finaid.org/otheraid/tax.phtml[/url]”>http://www.finaid.org/otheraid/tax.phtml&lt;/a&gt;&lt;/p&gt;

3

<p>Thanks emerald!</p>

4

<p>Keep in mind that the law regarding tax deductions is constantly changing. You’ll need to update your knowledge yearly, I fear.</p>

5

<p>Thanks newmassdad. From the little I’ve read already from the IRS, that does appear to be the case.</p>