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Get Repaying Student Loans QRG.docx. Request For Sevis I-20 Form - Regis

St You may be able to get a few hundred dollars back on your federal income taxes for the interest you pay on your federal and private student loans. Up to $2,500 in student loan interest may be deducted each year. The deduction is an above-the-line exclusion from income and can be taken even if you don t itemize. The deduction is not affected by the higher alternative minimum tax (AMT) like the mortgage interest deduction. Only the borrower responsible for making payments can take the.

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