Ask Experts Questions for FREE Help !
Ask
    maryalice0919's Avatar
    maryalice0919 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 17, 2009, 12:48 PM
    I live off student loans
    I am a full time single mother who lives off student loans. Can I get a tax return and how?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Feb 17, 2009, 01:09 PM

    What do you mean by can you get a tax return?

    Do you have to file a tax return?

    Can you get a tax refund?
    Five Rings's Avatar
    Five Rings Posts: 459, Reputation: 7
    Full Member
    		  
    #3

    Feb 17, 2009, 04:53 PM

    Money you get from a loan is not income.
    You need to get some kind of income from work to be eligible for the earned income credit.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Mar 11, 2009, 11:19 AM
    I agree with Five Rings, though I do not think MaryAlice is looking for the EIC.

    She is probably hoping to qualify for either the Recivery Rebate Credit (a carryover of the Bush Economic Stimulus Rebate) and/or the upcoming stimulus rebate.

    Unfortunately, she qualifies for neither.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Student Loans [ 4 Answers ]

What type of lawyer can I get to help me settler my dept for a student loan that is over 20+ yrs old.

Student Loans [ 2 Answers ]

I have Canadian/Ontario Student loans that have been "sold" to debt collection agencies. I had somenegative experience with them (they were really rude when I wasn't paying) so I stopped taking their phone calls. Now they are threatening legal action. What is the statue of Limitations on this...

Student Loans [ 2 Answers ]

My total monthly bills add up to more than I make, now that my student loans have come out of forebearance. I really want to start paying them down but cannot afford the $160/ month they require. Before this last time I went on forbearance, I offered to pay $50 per month and the student loan...

Student loans [ 1 Answers ]

My husband has a student loan that has been in collection for a few years. He is VERY irresponsible with money, and has not made much headway in paying it off. Does anyone know if a student loan can be cancelled after a certain amount of years, or would he have to file for bankruptcy to get rid of...

Getting student loans [ 2 Answers ]

I would be glad if someone can guide me through places/ organisations/ banks that offer student loans to international students without having the need to get it co-signed by a US citizen or greencardholder.

View more questions Search