The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable ...

Managing student loans is a reality for millions, and while payments can be challenging, there's a significant tax relief available: the student loan interest deduction.

Yes, the interest portion of your student loan payments is tax deductible in 2022. However, you cannot deduct the principal portion of your loan payments (the amount that goes toward paying down ...

The credit through the Maryland Higher Education Commission is available to taxpayers who took on at least $20,000 in loans.