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What is the income limits on student loan interest for 2018?
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You income limit depends on your filing status and your modified adjusted gross income. The deduction is gradually reduced and eventually eliminated by phaseout when your modified adjusted gross income (MAGI) amount reaches the annual limit for your filing status. The limits (maximum income) modified adjusted gross income (MAGI) for the student loan interest deduction is
- $165,000 if married filing a joint return;
- $80,000 if single, head of household, or qualifying widow(er).
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