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Level 1
June 1, 2019
Solved

Student loan interest

if you and your spouse paid student loan interest can you deduct 5,000 or is just 2500?  Thank you
Bsch4477Answer
Level 15
June 1, 2019

If you are married and filing jointly, you can still only deduct up to $2,500 in interest, even if both of you are paying back loans.


1 reply

Bsch4477Level 15Answer
Level 15
June 1, 2019

If you are married and filing jointly, you can still only deduct up to $2,500 in interest, even if both of you are paying back loans.