Student Loan Interest Deduction 2025

Student Loan Interest Deduction 2025. Federal student loans might have lower interest rates than private student loans and don't require a. For 2025, the $2,500 maximum deduction for interest paid on student loans—called qualified education loans—will begin to phase out for taxpayers with modified adjusted gross income above.

If you’re married filing jointly and you and your spouse each paid more than $2,500 in student. The short answer is yes.