SeanE1
New Member

Get your taxes done using TurboTax

My advice would be to claim one.  When you do your taxes next year, you will see how much you owe or get back as a refund, and will be better able to gauge whether you could increase your exemption on your W-4 to two.  If you do two now and owe a lot in taxes come next April, 2018, it will not be good, so try one for now.

Also, the IRS only allows a tax deduction for the interest paid on your student loan.  There is no deduction for the principal portion of the $350/month payment.