in Education
532650
My Wages were $88,000. I tried to get a deduction for Student Loan Interest of $1852. According to my return, I can deduct $0. Did I earn too much?
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Yes, if your filing status is Single/HOH/MFS/QW, then you start getting phased out when your Modified AGI hits $65,000, and you get phased out completely at $80,000. For those whose status is Married Filing Jointly, the phase out range is $130,000-160,000.
Yes, if your filing status is Single/HOH/MFS/QW, then you start getting phased out when your Modified AGI hits $65,000, and you get phased out completely at $80,000. For those whose status is Married Filing Jointly, the phase out range is $130,000-160,000.
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