# Tax Season 2007

**URL:** <https://forums.speedlife.net/t/tax-season-2007/23600>\
**Category:** NYSpeed Off Topic\
**Created:** [January 25, 2007, 2:38pm UTC](https://forums.speedlife.net/t/tax-season-2007/23600 "2007-01-25T14:38:27Z")\
**Posts on this page:** 1\
**Page:** 3

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**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\
**Post date:** [January 26, 2007, 10:41am UTC](https://forums.speedlife.net/t/tax-season-2007/23600/41 "2007-01-26T10:41:16Z")

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> [@JayS](#):
>
> You can claim all the interest paid as a deduction. If you just started paying off the loan you’re paying basically all interest and very little principle for the first few years, so you get a bigger deduction.

sweet!!!

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