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New Member
posted Mar 9, 2021 12:10:45 PM

Does anyone who owes student loans get a deduction of $10,000?

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1 Replies
Level 15
Mar 9, 2021 12:12:52 PM

No, there is no student loan deduction on a 2020 tax return. 

Student loan interest paid in 2020 is entered on a 2020 tax return.