intrest deduction on studnet credit card?

March 23rd, 2010 | by admin |

I have a student credit card that charge me a intrest of unpaid balance, Can I deduct those intrest when I file a taxes?
I am full time student college

  1. One Response to “intrest deduction on studnet credit card?”

  2. By aj485 on Mar 24, 2010 | Reply

    Interest on credit cards is not deductible, only on student loans. It doesn’t matter that your card is a student card, it’s a credit card, not a student loan.

    If you paid off your balance in full, you wouldn’t have any interest to deduct anyway.

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