entire payment or just interest?

entire payment or just interest?
by jt (2024-02-25 15:02:05)

In reply to: Another simple move that makes sense to me posted by czeche

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I think that a deduction on interest is fair, perhaps with some income phase outs.

Replies:

They have it on interest below certain income levels - czeche 2024-02-25 19:42:14
- you don't have to convince me, I know and agree * - jt 2024-02-26 11:16:54
Interest was deductible until the early 1980s. Vivid memory - Moose84 2024-02-25 16:54:33
- It's still deductible above the line. But phase out is low - gregmorrissey 2024-02-25 17:07:52
  - I'd be somewhat surprised if the full 700k was from 529 - jt 2024-02-25 17:39:14
    - Agree, but tax savings likely still substantial - gregmorrissey 2024-02-25 18:06:26
      - Thanks. And I am grateful for the 529 Plan program. - Moose84 2024-02-26 07:52:28
      - I don't know that I disagree with anything that you say - jt 2024-02-25 18:26:43
        I agree there too - gregmorrissey 2024-02-25 18:32:26