Student Loan Interest Deduction Calculator
The Student Loan Interest Deduction Calculator helps you determine the potential tax deduction for the interest paid on your student loans. By entering your loan interest payments and income information, you can gain insights into how much you can save on your taxes, making it easier to plan your finances and maximize your tax benefits.
Total Interest Paid
2000.00
Maximum Deductible Interest
2000.00
Filing Status
Single
Modified Adjusted Gross Income
75000.00
Phase Out Start
70000.00
Phase Out End
85000.00
Deduction Amount
1333.33
Results calculated based on your inputs