Filing for Taxes

O

osteodoct

Junior Member

10+ Year Member

5+ Year Member

15+ Year Member

• Apr 18, 2008

• #1

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Hi,
If your only "income" is via student loans, do you even need to file a form? I obviously missed the deadline, but I'm hoping that this is the case! Thanks!

 

Sol Rosenberg

Long Live the New Flesh!

Verified Member

Physician

20+ Year Member

• Apr 19, 2008

• #2

Loans are not income (you have to pay them back.)

So, no, from your description of your situation, it does not look like you are required to file.

 

Stroganoff

Phrasing!

Verified Member

Rocket Scientist

20+ Year Member

• Apr 19, 2008

• #3

Sol Rosenberg said:

Loans are not income (you have to pay them back.)

So, no, from your description of your situation, it does not look like you are required to file.

Click to expand...

slightly off but mostly on topic, wouldn't it be really disgusting if the IRS counted our loans as income and taxed us on our borrowed money? Gross. My bunghole can only take so much prolapse.

Edit: Sorry, I was buzzed when I wrote that...

 

O

osteodoct

Junior Member

10+ Year Member

5+ Year Member

15+ Year Member

• Apr 23, 2008

• #4

Sol Rosenberg said:

Loans are not income (you have to pay them back.)

So, no, from your description of your situation, it does not look like you are required to file.

Click to expand...

Oh, really? I had no idea I had to pay back the 200K, good to know thanks

 

TMP-SMX

Senior Member

Moderator Emeritus

Verified Member

Physician

Faculty

15+ Year Member

• Apr 24, 2008

• #5

If you are a dependent over 17 or could be claimed as a dependent you don't get a rebate.