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Tax

How do I deduct student loan interest?

Quick Answer

Deduct up to $2,500 of qualifying student loan interest as an above-the-line adjustment on Schedule 1, line 21 — no itemizing needed. The deduction phases out between $80,000–$95,000 modified AGI single and $165,000–$195,000 MFJ for tax year 2025.

Student loan interest deduction phase-out by income for MFJ in 2025.
Warren Team
Updated April 26, 2026
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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