See Also:
Overview
Background
Reading
How To Complete
This Quiz
|
|
Correct! - Question #7
4When you are in
the repayment stage of your student loan,
you can _______________________.
- claim an education deduction of $750 per month of study if you are in
full-time study
- receive a tax credit on the
interest portion of the amount paid on student loans each year
- claim child care expense deduction if you are in full-time study
- receive a tax credit for the first $5000 earned annually in part-time
work while if you are in full time study
(Source: 2003-2004 Information Guide, page
15)
|