AnthonyC_CPA
Expert Alumni

Get your taxes done using TurboTax

Hi NN15,

 

  Thank you for reaching out to Intuit's TurboTax Ask the Experts Event!  Yes there is still a deduction of up to $2,500 for student loan interest paid.  There are income limits to taking this deduction.  The income limits are:

 

Student loan interest is deductible if your modified adjusted gross income, or MAGI, is less than $70,000 ($140,000 if filing jointly). If your MAGI was between $70,000 and $85,000 ($170,000 if filing jointly), you can deduct less than than the maximum $2,500.

 

  Have a great day!

 

AnthonyC_CPA

 

  

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