How can I claim Student Loan Interest Deduction?

Student Loan Interest Deduction

You can take this deduction only if all of the following apply.

You paid interest in 2008 on a qualified student loan (see below).

• Your filing status is any status except married filing separately.
• Your modified adjusted gross income (AGI) is within the limits as set by the law, depending on your filing status
• You, or your spouse if filing jointly, are not claimed as a dependent on someone’s (such as your parent’s) 2008 tax return.

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Source : Business Documents Filing in 50 States