Student Loan Interest Deduction Calculator
Estimate the above-the-line student loan interest deduction and federal tax savings.
Allowed deduction
$1,800
Above-the-line deduction
Estimated federal savings
$396
At 22.0% marginal rate
Maximum deduction
$2,500
Phaseout starts
$85,000
Phaseout ends
$100,000
Disallowed by phaseout
$0
Uses official 2026 MAGI phaseout ranges. Married filing separately is not eligible and is omitted.