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Here is some key information regarding the deduction for student loan interest. The deduction can only reduce your taxable income to zero. So, if you are already at zero, you won't see any effect on your refund amount.
How much can I deduct?
Qualifications:
You can claim the deduction if all of the following apply:
Here is some key information regarding the deduction for student loan interest. The deduction can only reduce your taxable income to zero. So, if you are already at zero, you won't see any effect on your refund amount.
How much can I deduct?
Qualifications:
You can claim the deduction if all of the following apply:
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