jungels05
New Member

State tax filing

I am more confused by the wording of this line...'Enter the lesser of $5,000 or the amount of qualified education loan used to pay for your postsecondary education'

 

Does this mean the amount of students loans I took out specifically in 2021? Or the total amount of loans taken out in my lifetime?

 

It makes a huge difference on the amount of my return so I want to make sure I get it correct.