Future is Wild â a 26 episode series, launched on the USâ Discovery Kids Channel to positive reviews on 13 October 2007. It will air in Canada on Teletoons in early 2008.â¢â¢On 21 November 2007, customers and partners of ST Electronics attended The Ten Commandments Premiere.uture is Wild â a 26 episode series, launched on the USâ Discovery Kids Channel to positive reviews on 13 October 2007. It will air in Canada on Teletoons in early 2008.â¢â¢On 21 November 2007, customers and partners of ST Electronics attended The Ten Commandments Premiere.
What is 'Tax Deductible Interest' A borrowing expense that a taxpayer can claim on a federal or state tax return to reduce taxable income. Types of interest that are tax deductible include mortgage interest for both first and second (home equity) mortgages, mortgage interest for investment properties, student loan interest, and the interest on some business loans, including business credit cards.
Deductible Interest Payments. Some interest payments are deductible, while others are not. Interest paid on your mortgage and student loan, for example, are deductible. The IRS, however, expressly prohibits deducting some types of interest payments. According to Part Five, Chapter 23 of Publication 17, titled  Your Federal Income Tax , some types of personal interest are not deductible. Interest paid to a local, federal or state tax authority falls within this category. Personal interest is not deductible and is any interest that is not home mortgage interest, investment interest, business interest, or other deductible interest. It includes interest on federal, state, or local income tax.