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The fresh new student loan attract taxation deduction is for college students and their parents who’re repaying government student financial aid

The fresh new student loan attract taxation deduction is for college students and their parents who’re repaying government student financial aid

It is the “over the range” improvement for the modified gross income (AGI) for those who have paid interest to a qualified loan program throughout the 2022. It could be drawn whether or not your itemize write-offs or take this new simple deduction.