IQ is a comparison of your test results to the results of people your own age. The average IQ is 100. If you gave 1,000 people a really hard test, your results would look like this: The higher the graph goes, the more people who have achieved that score.
Federal Student Loan Interest Deduction. A deduction is allowed for interest paid by the taxpayer, up to an annual maximum of $2,500, for a qualified education loan for both undergraduate and graduate education, subject to taxpayer income limitations. Any federal tax law changes to this deduction will not be automatically adopted.
since they re not counted as taxable income student loans have no effect on their borrowers annual income tax refunds students who expect otherwise may be unpleasantly surprised for tax purposes the distinction between loan payments and stipends is crucial whereas student loans are not considered to be taxable income and have no appreciable impact on their borrowers tax calculations the stipends paid out by graduate and ph d programs are taxable since they don t accrue interest and don t need to be repaid these monies count as regular income for their recipients