I am fortunate enough to be in the position to pay off all of my med school loans with a lump sum payment right now. From a tax standpoint, is there any advantage to paying it all off before the year ends vs. at the beginning of next year (prior to the end of the 0% interest)? I am a first year resident and did not have a salary prior to about June. No other debts. Single, no kids. Maxing retirement accounts.
Please do not tell me to put the money in other investments or something else. There are a lot of factors in my choice to pay off my loans now and the decision has been made. Thanks in advance.
Please do not tell me to put the money in other investments or something else. There are a lot of factors in my choice to pay off my loans now and the decision has been made. Thanks in advance.
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