Every Single Tax Deduction You Could Possibly Ask For

Student Loan Interest

You can deduct some or all of any qualified student loan interest you paid during the tax year. You can deduct the lesser of $2,500 or the amount you actually paid. You can’t claim the deduction if you’re married and filing separately, or if you or your spouse are listed as dependents on someone else’s tax return.

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4 thoughts on “Every Single Tax Deduction You Could Possibly Ask For”

  1. Much Appreciated info in a great floor Mate easy to understand I will be asking some questions this year from our tax man this year 2019

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