@DianeW777 wrote:
The itemized deduction is strictly for repayments less than $3,000 and is no longer available for tax years 2018-2025 under the Tax Cuts and Jobs Act (TCJA) of 2017.
For amounts less than $3000, this is a miscellaneous itemized deduction subject to the 2% rule, which was eliminated by the TCJA.
For amounts more than $3000, this is a special itemized deduction not subject to the 2% rule, and it still exists. Qualifying taxpayers are allowed to choose the credit or the deduction.
