Announcement

Collapse
No announcement yet.

Dismissed disabled veteran's school loan payments

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Dismissed disabled veteran's school loan payments

    Have a client who is a disabled vet and his school loan payments were dismissed back to 2014. Both the principal and interest were refunded to them. Question is: they have been writing off the interest on their tax return. How do I handle this? Do I have to amend every return back to 2014?

    #2
    Cash basis taxpayers report income in the year received.

    Comment

    Working...
    X