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    sunshine33's Avatar
    sunshine33 Posts: 1, Reputation: 1
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    #1

    Feb 2, 2009, 11:21 AM
    Income taxes
    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?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 3, 2009, 11:29 AM
    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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