Is there a cap on how much money I can make and still claim student loan interest? Can I claim my student loan if I exceed the maximum income?

You can claim student loan interest on your taxes, however the student loan interest deduction begins to phase out if your adjusted gross income (AGI) is:

• $80,000 if filing single, head of household, or qualifying widow(er)
• $165,000 if married filing jointly

The deduction is completed phased out if your AGI is:

• $80,000 if filing single, head of household, or qualifying widow(er)
• $160,000 if married filing jointly