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How Using TurboTax Could Help With Your Student Loans

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There could be an unexpected silver lining to filing your taxes this year: help tackling your student loans.

As part of a new feature and partnership with the student loan refinancing company Earnest, Intuit Inc.’s TurboTax now lets users elect to receive student loan refinance estimates based on their tax data. This estimate will tell users how much they could save by lowering their interest rate if they refinance with Earnest.

Later this tax season, TurboTax will also alert you to federal income-driven repayment plans and forgiveness programs you may qualify for, TurboTax spokesperson Julie Miller says. Five million TurboTax users may have student loans, according to an estimate in an Intuit press release.


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