TAG Posted March 12, 2015 Report Share Posted March 12, 2015 What's the best strategy for someone paying more then the $ 2,500 max in student loan interest per year? My thoughts : just pay up to the 2,500 / year in hopes that Obama forgives the SLI. There doesn't seem to be any way to bank the excess over the 2,500. Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted March 12, 2015 Report Share Posted March 12, 2015 What's the best strategy for someone paying more then the $ 2,500 max in student loan interest per year? My thoughts : just pay up to the 2,500 / year in hopes that Obama forgives the SLI. There doesn't seem to be any way to bank the excess over the 2,500. That is NOT a working strategy. Client WILL repay the student loans one way or the other. Telling a client not to pay a Federal obligation puts them and you in a very dangerous situation. Quote Link to comment Share on other sites More sharing options...
MsTabbyKats Posted March 12, 2015 Report Share Posted March 12, 2015 Since only the interest is deductible....only a portion of his $2500 will go towards the deduction. Not good advice.....for multiple reasons. Quote Link to comment Share on other sites More sharing options...
Elrod Posted March 12, 2015 Report Share Posted March 12, 2015 When you sign.....You PAY. Quote Link to comment Share on other sites More sharing options...
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