Comments on: How much do I have to pay in student loans to get a tax deduction? http://www.debt-loans.biz/blog/loansquestions/how-much-do-i-have-to-pay-in-student-loans-to-get-a-tax-deduction/ Call 888-653-9681 To Get Debt Help Now! Sun, 30 Oct 2011 13:10:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: v b http://www.debt-loans.biz/blog/loansquestions/how-much-do-i-have-to-pay-in-student-loans-to-get-a-tax-deduction/#comment-11570 v b Thu, 11 Jun 2009 06:41:21 +0000 http://www.debt-loans.biz/blog/united-states/how-much-do-i-have-to-pay-in-student-loans-to-get-a-tax-deduction/#comment-11570 You have this backwards. You pay the student loan. Some of this is interest. The interest can be an adjustment on your taxes if your income is less than 145000 on a joint return. The most you can deduct is $2500, but this is phased out if you income is above $115,000. You have this backwards.

You pay the student loan. Some of this is interest.

The interest can be an adjustment on your taxes if your income is less than 145000 on a joint return.

The most you can deduct is $2500, but this is phased out if you income is above $115,000.

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