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