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

   www.aol.com/college-tuition-education-expenses...

   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.

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

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   You betcha: If you paid on student loans in the prior tax year, you might qualify for the student loan tax deduction, which allows borrowers to deduct up to $2,500 in interest they paid from their ...

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

   www.aol.com/student-loans-might-qualify-interest...

   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...

5. Above-the-line deduction - Wikipedia

   en.wikipedia.org/wiki/Above-the-line_deduction

   Below-the-line deductions are subtracted from a taxpayer's adjusted gross income. Above-the-line deductions may also be subject to income-sensitive phaseouts or limitations, e.g., MAGI limits on the tuition and fees deduction. Certain below the line deductions are also phased out for high income taxpayers pursuant to Internal Revenue Code ...

6. Taxes 2023: Credits, deductions and tax breaks for student ...

   www.aol.com/finance/taxes-2023-credits...

   For 2022 taxes, the full deduction is available to a single or head-of-household filer with a MAGI less than $70,000 or less than $145,000 for a joint filer. The deduction is reduced for single or ...

7. What to Know About the Student Loan Interest Tax Deduction - AOL

   www.aol.com/news/know-student-loan-interest-tax...

   In addition, Form 1098-E, which is the student loan interest statement, is due at the same time to anyone who paid $600 or more in student loan interest in the previous year. Despite discussions ...