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Level 15
Level 15
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Education

You can deduct the interest if you meet the requirements for the student loan interest deduction. If the amount of interest is $600 or more you should have received a Form 1098-E.


The maximum amount of student loan interest that you can deduct is $2,500. For 2025 the maximum is reduced if your Modified Adjusted Gross Income (MAGI) is more than $85,000 ($170,000 if married filing jointly).


You cannot claim the deduction if you are filing as married filing separately.

 

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