You'll need to sign in or create an account to connect with an expert.
Here is some key information regarding the deduction for student loan interest. The deduction can only reduce your taxable income to zero. So, if you are already at zero, you won't see any effect on your refund amount.
How much can I deduct?
Qualifications:
You can claim the deduction if all of the following apply:
Here is some key information regarding the deduction for student loan interest. The deduction can only reduce your taxable income to zero. So, if you are already at zero, you won't see any effect on your refund amount.
How much can I deduct?
Qualifications:
You can claim the deduction if all of the following apply:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Joan2k
New Member
ruppll
New Member
nooralkhawaja
New Member
ilove6220
New Member
barefootheart
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.