My understanding is that my student loan interest is deductible, up to $2500, provided I and my wife (filing jointly) have an adjusted gross income of less that $130,000. Our AGI is well below that ($82,000) , but H&R Block's TaxCut and TurboTax both tell me I can't take a student loan deduction. What am I missing?Thanks in advance,d.
You might want to check out Publication 970 from the IRShttp://www.irs.gov/pub/irs-pdf/p970.pdfaly
Are you sure you picked "Married Filing Jointly?" You can't take the deduction if you're Married Filing Separately.LF
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