TemporarySaint wrote:AntipodeanPhil wrote:Two further points about taxes:
1. You get to claim student loan interest as a deduction, and you can claim that deduction as well as the standard deduction. With the amount of interest you would be paying, that should make some difference.
2. The government will (in effect) pay you $10000 to get married, since then you can claim your spouse.
I don't think you can deduct interest if you're making a big law salary.
+1, Tiago said on page 2:
Tiago Splitter wrote:Only the interest is tax-deductible, and only up to $2,500 of it per year, and even then you can't take any deduction if you make more than 75K. So on a biglaw salary none of it would be tax-deductible.