Are student loans tax deductible? Is student loan interest deductible?

bir ses eklendi Personal Finance

2025-12-17 16:01:08 -

Are student loans tax deductible? Is student loan interest deductible? Short answer: The principal on student loans is not deductible, but the interest you pay on a qualified student loan may be deductible — up to $2,500 per year — subject to income limits and other rules. Below I’ll walk you through what is deductible, who can claim it, the income phase-outs, how to claim...

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