Is it better to upgrade to TurboTax Deluxe if I am paying off student loans? Deluxe says "Covers Student Loan Interest". Will I receive more money back?

mike-e-dunne · ‎June 4, 2019

MinhT · ‎June 4, 2019

If you have paid student loan interest, you'll need to upgrade to TurboTax Deluxe to claim the deduction. By claiming the student loan interest deduction, you'll reduce your tax liability and your refund will increase.

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MinhT · ‎June 4, 2019

If you have paid student loan interest, you'll need to upgrade to TurboTax Deluxe to claim the deduction. By claiming the student loan interest deduction, you'll reduce your tax liability and your refund will increase.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Is it better to upgrade to TurboTax Deluxe if I am paying off student loans? Deluxe says "Covers Student Loan Interest". Will I receive more money back?