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re: Student Loan Interest...

Posted on 1/13/10 at 9:47 am to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 1/13/10 at 9:47 am to
For 2009 the maximum deduction is $2,500. The deduction begins to phase out at $120,000 of modified adjusted gross income for those filing married filing joint, and at $60,000 for those filing single. No deduction is allowed for married filing joint with modified adjusted gross income of $150,000 or more. For single filiers no deduction is allowed for those with modifies adjusted gross income of $75,000 or greater.
Posted by UnTamedTiger
Thibodaux
Member since Sep 2006
3163 posts
Posted on 1/13/10 at 10:01 am to
Well Sh*T... Looks like we made too much. I guess I can weight the option of filling single rather than joint.
Posted by LSUdaughter
Baton Rouge
Member since Sep 2004
19750 posts
Posted on 1/13/10 at 10:55 am to
quote:

For 2009 the maximum deduction is $2,500. The deduction begins to phase out at $120,000 of modified adjusted gross income for those filing married filing joint, and at $60,000 for those filing single. No deduction is allowed for married filing joint with modified adjusted gross income of $150,000 or more. For single filiers no deduction is allowed for those with modifies adjusted gross income of $75,000 or greater.

you just confused the hell outta me.single
80 K
3000 K + in student loan interest

what can i expect?
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