Determining Your Interest Subsidy Under IBR, PAYE or REPAYE

Determining Your Interest Subsidy Under IBR, PAYE or REPAYE

We've addressed the different Income Driven Repayment (IDR) options before and I hope I've convinced you that for most medical graduates with a large amount of student loan debt and a small resident salary, the best repayment plans to be on are IBR, PAYE and REPAYE.  One of the great benefits of these 3 repayment plans is the interest subsidy.  So how can you find out how much subsidy you qualify for and whether or not you've received them?  Get ready for some math!

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Why I File My Own Taxes

Why I File My Own Taxes

The IRS tax filing deadline is coming up quickly on Tuesday 4/18/2017.  It normally falls on 4/15.  We got lucky this year because 4/15 is a Saturday and Monday is Emancipation Day - a holiday observed in Washington, DC.  So if you still haven't done your taxes yet, you've got a couple more days.  I want to take a few minutes to share with you why I file my own taxes.

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