rjs
Level 15
Level 15

Deductions & credits

Is your Adjusted Gross Income (AGI), before the student loan interest deduction, more than $70,000 ($140,000 if married filing jointly)? The student loan interest deduction begins to phase out at that income level.


If you claim the foreign earned income exclusion or foreign housing exclusion or deduction, you have to add those back to your AGI to calculate the phase-out.