topic Paid over $7,000 for student loan interest. Asked to allocate student loan interest between wife/husband for VA state return. How to allocate when $2500 is limit? in Education https://ttlc.intuit.com/community/college-education/discussion/paid-over-7-000-for-student-loan-interest-asked-to-allocate-student-loan-interest-between-wife/01/413185#M11021 Tue, 04 Jun 2019 20:42:42 GMT 49state 2019-06-04T20:42:42Z Paid over $7,000 for student loan interest. Asked to allocate student loan interest between wife/husband for VA state return. How to allocate when $2500 is limit? https://ttlc.intuit.com/community/college-education/discussion/paid-over-7-000-for-student-loan-interest-asked-to-allocate-student-loan-interest-between-wife/01/413185#M11021 Tue, 04 Jun 2019 20:42:42 GMT https://ttlc.intuit.com/community/college-education/discussion/paid-over-7-000-for-student-loan-interest-asked-to-allocate-student-loan-interest-between-wife/01/413185#M11021 49state 2019-06-04T20:42:42Z If the student loan belongs to just one of you, then allo... https://ttlc.intuit.com/community/college-education/discussion/if-the-student-loan-belongs-to-just-one-of-you-then-allo/01/413190#M11022 <P>If the student loan belongs to just one of you, then allocate the full amount to the one it belongs to.&nbsp; If you each have a student loan, I would suggest you allocate the $2,500 based on your percentage of the total loan interest.&nbsp;&nbsp;</P><P>For example, if your loan interest is $6,000 and your spouse's loan interest is $4,000, then you would have a 60/40 split of the $2,500 you are allowed to deduct.</P> Tue, 04 Jun 2019 20:42:44 GMT https://ttlc.intuit.com/community/college-education/discussion/if-the-student-loan-belongs-to-just-one-of-you-then-allo/01/413190#M11022 KittyM 2019-06-04T20:42:44Z