What STUDENT LOAN INTEREST DEDUCTION means: An adjustment to income for interest paid during the year on qualified higher-education loans. The deduction may be limited if income exceeds a specified amount. See http://www.hrblock.com/taxes/tax_calculators/rate_tables/student_loan_deduction.html?pgnavp=dc&pgnavc=dc_alph&pgnava=dc_alph_25 for the current amounts.
- Definition Social Security Wages:
- Dictionary Total wages paid to an employee that are subject to this tax. This amount does not include tips. Wages are also subject to Medicare tax student loan interest deduction definition.
- Definition Separate Maintenance Payments:
- Dictionary Amounts paid to one spouse by the other spouse under a court order or agreement while they live apart student loan interest deduction explain.
- Definition Standard Deduction:
- Dictionary by the tax law in lieu of itemized deductions. A taxpayer whose gross income is not more than the sum of the standard deduction and exemptions generally does not have to pay tax. See our Standard student loan interest deduction what is.
- Definition Salvage Value:
- Dictionary The estimated value that will be realized upon the sale or other disposition of an asset at the end of its useful life student loan interest deduction meaning.
How works Student Loan Interest meaning in Tax definitions S .
