Education

You should be able to claim the student loan interest deduction if all of the following apply:

You paid interest on a qualified student loan in tax year 2018;
You're legally obligated to pay interest on a qualified student loan;
Your filing status isn't married filing separately;
Your MAGI is less than a specified amount which is $80,000 for single and $165,000 for married filing jointly in 2018.
You or your spouse, if filing jointly, can't be claimed as dependents on someone else's return.

 

Do these all apply to your situation?