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2008 Interest on Education Loans
Image by Getty Images via Daylife 2008 Interest on Education Loans Maximum interest deduction–$2,500 Modified adjusted gross income phase-out range–Married, joint, $115,000–$145,000; all other filing status, $55,000–$70,000 var a2a_config = a2a_config || {}; a2a_config.linkname="2008 Interest on Education Loans"; a2a_config.linkurl="http://besttaxtips.com/2009/02/2008-interest-on-education-loans/";
February 13th, 2009 by The Tax Man
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2008 Stabilization Act: Deduction for Educator Expenses
Teachers and other education workers, such as you, can deduct up to $250 of certain out-of-pocket classroom expenses from gross income. This deduction recognizes that many education professionals purchase classroom supplies with their own money. This popular deduction is now available for expenses incurred in 2008 and 2009. Married taxpayers who file joint returns are entitled to a total deduction...
January 2nd, 2009 by The Tax Man
