Can I deduct student loan interest with TurboTax?

Yes, TurboTax allows you to deduct student loan interest. To qualify, you must have paid interest on a qualified student loan. TurboTax will guide you through the process of claiming the deduction by asking a series of questions related to your student loans and interest payments. You'll need to provide information such as the name of your loan servicer and the amount of interest paid. TurboTax will automatically calculate the maximum deduction you can claim based on the information you provide. However, it's important to note that there are certain income limitations and eligibility criteria to qualify for this deduction. TurboTax ensures that you receive the maximum deduction based on your specific circumstances, simplifying the process of claiming your student loan interest deduction efficiently and accurately.