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Tax Advantages

New changes in the tax code can give you real advantages with the IRS when you consolidate your Federal student loans into OneSimpleLoan®.* There is now an unlimited timeframe for student loan interest deductions — depending on your income, you may be entitled to deduct interest regardless of the age of your loan. In addition, eligibility requirements are more flexible, so deductions are available to a wider group of taxpayers. Take a moment to learn more about your potential tax benefits.

* Tax information is provided as a general overview. OneSimpleLoan is not engaged in rendering legal, accounting, tax or other professional advice services, and we are not qualified (nor is it our intent) to provide individual tax advice. To determine your eligibility and learn how these benefits apply to your specific situation, we encourage you to consult with your tax advisor and review IRS Publication 970 for details.

Home | MD/DMD Debt Management | Eligibility | Tax Advantages | Deferment & Forbearance | Repayment Calculator | Find My loans | FAQS | Apply Now | About Us | Contact Us 
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