Student loan payments It said I don't qualify for student loan interest because my husband and I made 168,000. I pay 850 a month in student loans? Can I not use this?

[sherribhall]

I pay 850 a month in student loans!

[RichardK]

Sorry, unfortunately the interest deduction for student loans is subject to a phase-out. The phase-out for married couples is Adjusted Gross Income between $130,000 to $160,000, over $160,000, the student loan interest deduction is not allowed. Click here for a link to IRS publication 970  Student Loan Interest Deduction.