Student loan interest

portpirate96 — Sat, 01 Jun 2019 01:57:14 GMT

I entered my $280 student loan interest that I paid for the year and it only increased my state refund by a few dollars. Why didn't it increase by $280 if the whole amount is eligible to be deducted?

It is deducted from INCOME, so it saves you the tax on $280.

BobB7 — Sat, 01 Jun 2019 01:57:16 GMT

It is deducted from INCOME, so it saves you the tax on $280.

topic Student loan interest in Education

Student loan interest

It is deducted from INCOME, so it saves you the tax on $280.