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2. How To Get the Student Loan Interest Deduction - AOL

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   What is the income limit for the student loan interest deduction in 2024? Single filers can claim the full $2,500 with MAGI up to $80,000. Those who made between $80,000 and $95,000 can claim a ...

3. Are College Tuition and Education Expenses Tax-Deductible?

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   If you take out student loans to pay for college, you might qualify for the student loan interest deduction. This deduction allows you to reduce your taxable income by up to $2,500 per year.

4. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   Student Loan Interest. You can deduct some or all of any qualified student loan interest you paid during the tax year. ... The standard deduction amounts for tax year 2024 are as follows: Single ...

5. 6 Best Tax Savings Tips for College Students

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   That makes it worth looking for ways to at least cut your 2024 tax bill. As a college student, you might qualify for significant education-related tax credits and deductions or even have access to ...

6. What Is the Tax Cuts and Jobs Act (TCJA)? - AOL

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   In 2024, the standard deduction for single filers is $14,600, but will increase to $15,000 next year. ... The law also introduced a nonrefundable tax credit for non-child dependents. Student loans ...

7. How Can I Reduce My Taxes? Your Tax Questions, Answered - AOL

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   For tax year 2020 (filing in 2021), the student loan interest deduction was worth as much as $2,500 for a single filer, head of household or qualifying widow/widower with a MAGI of under $70,000.

8. Paid your student loans in 2023? You could qualify for this ...

   www.aol.com/paid-student-loans-2023-could...

   February 1, 2024 at 8:30 AM. Bigstock. ... Student loans eligible for tax deductions. ... You paid interest on a qualified student loan in tax year 2023.

9. Student Loans: You Might Qualify for an Interest Deduction ...

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   Normally, student loan borrowers can deduct the interest they paid on their loans from their income tax returns, but things haven't been normal for a few years. Federal student loan payment pauses...