Those with Type 1 diabetes or hypoglycemia are the most at risk for a sudden blood sugar drop. This can be caused by not properly monitoring food intake and combining the wrong foods for proper blood glucose control. For instance, eating refined carbohydrates leads to a rapid increase in blood sugar.
Loans from a qualified employer plan aren't qualified, nor are private loans from family or friends. The most student loan interest you can claim as a tax deduction is limited to $2,500 as of the 2016 tax year, and the limit remains the same in 2017.
Overview of the Student Loan Interest Deduction: The Student Loan Interest Deduction allows an individual to deduct any interest actually paid, not just accumulated, on a student loan during the calendar year, as long as certain conditions are met. The maximum deduction is $2,500 and is subject to income limitations. This deduction is actually an âabove the lineâ adjustment, which means you do not need to itemize your other deductions to get it. In other words, you can take the standard deduction and still deduct your student loan interest. Eligible Interest: The actual deduction requires the use of a more complex formula, but the basic premise is simple. In essence, you can only deduct the portion of each loan payment that represents interest.