Can I Deduct Student Loan Interest? | 2024 Tax Year Guide

Wondering if you can deduct student loan interest on your 2024 taxes? We’ve got you covered in our latest video - https://youtu.be/hDG6uIi8zPU

🎓 What You’ll Learn:

Eligibility: See if you qualify for the deduction.

Deduction Amount: Find out how to deduct up to $2,500 of interest paid on qualified student loans.

Income Limits: Learn how your modified adjusted gross income (MAGI) affects your deduction and the phase-out thresholds.

No Itemizing Needed: Discover why this deduction is valuable even if you don’t itemize.

Stay informed and make the most of your tax benefits! 👍 If this video helps, don’t forget to like, share, and subscribe for more tax tips and financial advice!