Topic no. 456, Student loan interest deduction | Internal ...
Student loan interest is interest you paid during the year on a qualified student loan. It includes both required and voluntarily prepaid interest payments. You may deduct the lesser of $2,500 …
How to Claim the Student Loan Interest Deduction: A Tax ...
Dec 5, 2025 · Learn how to claim the student loan interest deduction and save up to $2,500 on taxes. Understand eligibility requirements and maximize your tax benefits.
Student Loan Interest Deduction for 2025 and 2026 - SmartAsset
Dec 12, 2025 · The student loan interest deduction allows eligible taxpayers to reduce their taxable income by up to $2,500 based on interest paid on qualified student loans. This …
How to Deduct Student Loan Interest on Your Taxes (1098-E)
Reporting the amount of student loan interest you paid in 2023 on your federal tax return may count as a deduction. A deduction reduces the amount of your income that is subject to tax, …
Student loan interest deduction: Can you deduct yours? | Fidelity
Sep 8, 2025 · Can you deduct student loan interest? You could save on your tax bill—if you qualify. You may be able to deduct up to $2,500 of student loan interest from your taxes. You …
Student loan borrowers can get a tax break worth up to $2,500
Feb 5, 2025 · Don't forget about the student loan interest deduction, which allows taxpayers to deduct the amount they paid in student loan interest from their taxable income. Taxpayers can …
Student Loan Interest Deduction: Who Qualifies and How To ...
Aug 6, 2025 · What Is the Student Loan Interest Deduction? The student loan interest deduction is a federal tax break that allows eligible borrowers to deduct up to $2,500 in interest paid on …