Tips Assess Student Loan Interest Deduction. If you’re repaying student loans, perhaps you are capable subtract as much as $2,500 in interest money from the nonexempt money on your own 2020 income tax return.

Tips Assess Student Loan Interest Deduction. If you’re repaying student loans, perhaps you are capable subtract as much as $2,500 in interest money from the nonexempt money on your own 2020 income tax return. The student loan interest deduction is designed to help to...