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

   www.aol.com/student-loan-interest-deduction...

   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?

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

   Student Loan Interest. 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 ...

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

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

   February 1, 2024 at 5:30 AM. ... You can take the student loan interest deduction even if you don’t itemize deductions. That’s because it’s claimed as an adjustment to income.

5. Student loan - Wikipedia

   en.wikipedia.org/wiki/Student_loan

   Interest does not accrue on subsidized loans while the students are in school. Student loans may be offered as part of a total financial aid package that may also include grants, scholarships, and/or work study opportunities. Whereas interest for most business investments is tax deductible, Student loan interest is generally not deductible.

6. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   Such interest might be tax-deductible as an itemized deduction; The Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes, reports charitable contributions of motor vehicles; The Form 1098-E, Student Loan Interest Statement, reports interests the taxpayer paid on student loans that might qualify as an adjustment to income

7. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   It includes wages, interest, dividends, business income, rental income, and all other types of income. Adjusted gross income is gross income less deductions from a business or rental activity and 21 other specific items. Several deductions (e.g. medical expenses and miscellaneous itemized deductions) are limited based on a percentage of AGI ...

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

   www.aol.com/reduce-taxes-tax-questions-answered...

   To be eligible to deduct student loan interest, individuals must meet the following requirements: You paid interest on a qualified student loan (a loan for you, your spouse, or a dependent) during ...

9. What is a 1098-E form? What you need to know about the ... - AOL

   www.aol.com/1098-e-form-know-student-100214049.html

   A 1098-E must be filled out if you paid at least $600 in student loan interest. If you have made payments to more than one servicer, you must fill out a 1098-E to each servicer that received the ...