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pmge50
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Why did i not get the student loan interest deduction after entering 1098E

 
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Why did i not get the student loan interest deduction after entering 1098E

You can claim the deduction if all of the following apply:

  • You paid interest on a qualified student loan in tax year 2018;
  • You're legally obligated to pay interest on a qualified student loan;
  • Your filing status isn't married filing separately;
  • Your MAGI is less than a specified amount which is set annually; and
  • You or your spouse, if filing jointly, can't be claimed as dependents on someone else's return.


Why did i not get the student loan interest deduction after entering 1098E

The amount of your student loan interest deduction is phased out (gradually reduced) if your MAGI is between $65,000 and $80,000 ($135,000 and $165,000 if you file a joint return).

You can't claim a student loan interest deduction if your MAGI is $80,000 or more ($165,000 or more if you file a joint return).

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