Sentences with phrase «just take advantage of the deduction»

A factor to take into account, though, is that you don't want to prolong paying off your student loan in full in order to just take advantage of the deduction each year.

Not exact matches

After taking advantage of a variety of special deductions, U.S. corporations paid an effective marginal tax rate of just 18.6 percent in 2012, a rate that went unchanged despite ups and downs in the economy over the previous decade, according to a Congressional Budget Office report.

It would be financially inefficient to prolong your student loan payments just so you can take advantage of the tax deduction for a longer period of time.

If you're new to preparing your own income tax return, or if you just want to make sure you're taking advantage of every deduction that you're entitled to, this article is for you.