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How to Deduct Student Loan Interest on your Taxes (1098-E)

Student loans, interest payments, and taxes: three things that have scared many people for years now. Read on to learn how these things can benefit you.

If you made federal student loan payments in 2018, you may be eligible to deduct a portion of the interest paid on your 2018 federal tax return. This is known as a student loan interest deduction. Don’t miss out on this opportunity to make the money you’ve paid work for you! Below are some questions and answers to help you learn more about reporting student loan interest payments from IRS Form 1098-E on your 2018 taxes and potentially get this deduction.

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Service members reap benefits of tax law changes

By C. Todd Lopez, Defense.gov

WASHINGTON -- Recent changes in tax law mean that many in uniform could see big returns when they file their 2018 taxes.

"This last tax year has been quite exciting with all of the changes that occurred to it," said Army Lt. Col. David Dulaney, executive director of the Armed Forces Tax Council. "The good news is that most of our service members should see a substantial reduction in their overall federal taxes for 2018."

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Army offers more flexibility with new parental leave policy

By Gary Sheftick, Army News Service

FORT MEADE, Md. -- The Army has doubled the amount of parental leave available to fathers and other secondary caregivers of newborn infants with a policy that also provides more leave flexibility for mothers.

Secretary of the Army Mark T. Esper signed a directive Jan. 23 that increases parental leave from 10 to 21 days for Soldiers who are designated secondary caregivers of infants. The new policy makes the Army's parental leave comparable to that of other services and in compliance with the 2017 National Defense Authorization Act.

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Applications opening soon for 2019 National Veterans Golden Age Games

Anchorage, Alaska, event kicks off June 5

WASHINGTON — Today the U.S. Department of Veterans Affairs (VA) announced that it will begin accepting applicants on Feb. 25 for the 2018 National Veterans Golden Age Games, scheduled to take place June 5-10 in Anchorage, Alaska.

The National Veterans Golden Age Games is the premier senior adaptive rehabilitation program in the United States, and the only national multievent sports and recreational seniors’ competition program designed to improve the quality of life for all older Veterans, including those with a wide range of abilities and disabilities.

Read more: Applications opening soon for 2019 National Veterans Golden Age Games

Army spouse first to benefit from new Missouri employment rule

By Dawn M. Arden, Leonard Wood

JEFFERSON CITY, Mo. -- During a ceremony at the Missouri Supreme Court on January 30, Karen Towns became the first military spouse to be sworn into the Missouri Bar Association under a new rule that creates a pathway for attorney-spouses to practice law while stationed in Missouri.

As of January 1, Missouri joined a network of states permitting military-spouse attorneys, whose active-duty service member is stationed within the state, to apply for temporary admission to the Missouri Bar Association without requiring the taking of the bar exam.

Read more: Army spouse first to benefit from new Missouri employment rule