Admiralty Law

Antitrust Law

Asbestos Law

Civil Rights Law

Communications Law

Contract Law

Dispute Resolution

Divorce Law

Education Law

Family Law

Health Law

Immigration Law

Incorporation

Internet Law

Intellectual Property

Landlord Tenant Law

Law Schools

Lawsuit Funding

Lemon Law

Medical Malpractice

Other Law Fields

Personal Injury

Prepaid Legal Services

Structured Settlement

Tax Law

Workers Comp

 

Free Legal Advice

Online Legal Forms

Legal Answers

Legal Definitions

Advertise on LDB


 

 

Student Loan Interest Deduction

Navigation:  Home > Tax Law > Mortgage Interest Deduction

 

If you paid student interest on a student loan in 2003, you can make a deduction from gross income up to $2,500. The deduction is phased out, however, if your modified adjusted gross income is between $50,000 and $65,000 a year filing single, or between $100,000 and $130,000 filing a joint return. For years before 2002, the interest deduction was only allowed for the first 60 months. All student loan payments after 2001, however, are deductible until the loan is paid off.

Sponsored Ads

Find a Lawyer

Sponsored Links

Your Ad Here