I am on s.s. only live in pa. I have a loan I paid a lot of interest on.can I get any back by filing taxes?
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I am on s.s. only live in pa. I have a loan I paid a lot of interest on.can I get any back by filing taxes?
Negative.
If Social Security is your only source of income, then it is NOT taxable, and there is NO income against which to deduct the loan interest.
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