Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 9:48:30 AM

If I had more than $2,500 in student loan interest last year can it roll over and I deduct the interest this year?

the interest in 2016 was more than $2,500 can I deduct the difference in 2017?

0 1 378
1 Best answer
Level 15
Jun 6, 2019 9:48:32 AM

No the amount not able to be used does not roll over to the next year.

Only amounts paid during the year are entered in TurboTax for that year. 

1 Replies
Level 15
Jun 6, 2019 9:48:32 AM

No the amount not able to be used does not roll over to the next year.

Only amounts paid during the year are entered in TurboTax for that year.