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I am trying to figure out the tax credit thing. The system is about $64k so the rebate is about $17k. According to this site it sounds like I can apply the entire about to the loan to reduces the payment. I am trying to figure out if I can apply the entire 26% against the loan with out having it limited based on income tax. I know if I jut take the tax credit to limit my tax liability it will be based on my income and tax rate. Not sure if the same applies to taking it and putting it toward the loan.
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Sent from an agnostic abacus
2014 C250 21,XXX my new DD ** 2013 GLK 350 18,000 Wife's new DD**
- With out god, life is everything.
- God is an ever receding pocket of scientific ignorance that's getting smaller and smaller as time moves on..." Neil DeGrasse Tyson
- You can pray for me, I'll think for you.
- When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.
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