Is it worth it to claim $140 of student loan interest on my taxes?

aash2517 · ‎June 6, 2019

DDollar · ‎June 6, 2019

If you are in a 12% tax bracket, you would reduce you taxes by $17. If you are in a 22% tax bracket it would reduce your taxes by $31. If your state has a income tax, that would be affected to. You will have to decide whether it's worth it or not.

View solution in original post

DDollar · ‎June 6, 2019

If you are in a 12% tax bracket, you would reduce you taxes by $17. If you are in a 22% tax bracket it would reduce your taxes by $31. If your state has a income tax, that would be affected to. You will have to decide whether it's worth it or not.