stace asked:


I had a medical emergancy and used some of my student loan that is subsidized to pay for it… Could I get in trouble for doing this? Also, do you have to report your loan for taxes? I’m way stressed about all of this. Please serious answerrs only.

ikechukwu86 asked:


I received a lsubsidized CHASE student loan to the effect of $23955 in 2007 that has accrued interest of $635.29. How do I report this on my taxes? Any help would be greatly appreciated!

sweetheart4 asked:


When i get to the point in my FAFSA where it asks to enter the income tax, I entered the amount of income I made in 2007 but it says that that’s wrong. How do I calculate income tax without doing my taxes? I won’t receive my W2’s for another few weeks and I want to get my FAFSA done now. Help?

msphenom83 asked:


The Student Loan Deduction allows you to deduct up to $2500. In 2007 I paid well over $2500 in interest and obviously want to take advantage of this.